Record date for dividend is 3 February 2011
UTI Mutual Fund has announced 3 February 2011 as the record date for
declaration of dividend under dividend option of UTI Banking Sector
Fund.
The fund house has decided to distribute Rs 2.50 per unit (25%) as
dividend on the face value of Rs 10 per unit. The scheme recorded NAV of
Rs 24.2000 per unit as on 27 January 2011.
UTI Banking Sector Fund is an open end equity oriented scheme. The
investment objective is capital appreciation through investments in the
stocks of the companies / institutions engaged in the banking and
financial services activities.