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Friday, May 29, 2009

UTI Top 100 Fund offers 1:1 bonus

Record date for bonus is 4 June 2009

UTI Mutual Fund has approved 4 June 2009 as the record date for declaration of bonus under UTI Top 100 Fund on the face value of Rs 10 per unit.

The quantum of bonus will be in ratio of 1:1 i.e. 1 additional unit for every 1 unit currently held by investors. The NAV in income retail plan was recorded Rs. 37.54 per unit while growth retail plan recorded NAV of Rs 43.440 per unit as on 27 May 2009.

UTI Top 100 Fund, an open-ended equity scheme aims to provide long term capital appreciation / dividend distribution by investing predominantly in equity and equity related instruments of top 100 stocks by market capitalization.

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