Record date for dividend is 3 June 2010
UTI Mutual Fund has announced the declaration of dividend on the face
value of Rs 10 per unit under dividend option of UTI Wealth Builder
Fund. The record date for dividend has been fixed as 3 June 2010.
The quantum of dividend will be 10% (Rs 1.00 per unit) as on the record
date. The scheme recorded NAV of Rs. 13.9100 as on 27 May 2010.
UTI Wealth Builder Fund is an close-ended equity scheme with a maturity
period of 5 years with automatic conversion into an open-ended scheme
upon maturity of the scheme. The investment objective of the scheme is
to achieve long term capital appreciation by investing predominantly in
a diversified portfolio of equity and equity related instruments.