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Friday, July 09, 2010

UTI MF Announces Dividend for UTI Top 100 Funds

Record date for dividend is 13 July 2010 

UTI Mutual Fund has announced the declaration of dividend under dividend option of UTI Top 100 Fund. The record date for dividend has been fixed as 13 July 2010. 

The quantum of dividend will be Rs 1.20 per unit or 12% on the face value of Rs 10 per unit as on the record date. The NAV of the scheme was at Rs 22.0100 per unit as on 7 July 2010. 

UTI Top 100 Fund an open ended equity scheme with an aim 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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