Tuesday, January 19, 2010

UTI MF Declares 15% Dividend for Opportunities Fund

Record date for dividend is 22 January 2010 

UTI Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend option of UTI Opportunities Fund. The record date for dividend has been fixed as 22 January 2010.

The quantum of dividend will be 15% (Rs 1.50 per unit) as on the record date. The scheme recorded NAV of Rs 14.65 as on 14 January 2010.


UTI Opportunities Fund is an open end equity oriented scheme with the investment objective to generate capital appreciation and/or income distribution by investing the funds of the scheme in equity shares and equity-related instruments. The main focus of this scheme is to capitalize on opportunities arising in the market by responding to the dynamically changing Indian economy by moving its investments amongst different sectors as prevailing trends change.