UTI MF declares 14 pc dividend to unit holders

Mumbai, Dec 17: UTI Mutual Fund has declared a 14 per cent dividend to its unit holders under its open-ended UTI Variable Index Scheme-Index Linked Plan (UTI-VIS-ILP).

The unit holders, registered as on December 20 under the scheme, will be eligible for dividend of Rs 1.40 per unit on a face value of Rs 10 each, UTI MF said in a statement. Investors, who had joined the dividend option of the scheme on or before the record date, will also be eligible for the dividend. The NAV per unit as on December 14 was Rs 15.9376 under the dividend option, it added.

UNI