UTI Mutual Fund declares 20% dividend in UTI Equity Tax Savings Plan

UTI Equity Tax Savings Plan, (dividend option) has declared a dividend of Rs.2 per unit on face value of Rs.10. The record date for the same is Jan 16, 2007. The unitholders who hold units in the scheme or buy units before January 16 are eligible for this dividend. The NAV of the scheme will fall to the extent of dividend paid and statutory levy, if any after the record date.

Source : Equity Bulls

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