• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

UTI MF declares tax free dividend of 7 percent

|
UTI Mutual Fund
Mumbai, Dec 16: Sponsored by State Bank of India, Punjab National Bank, Bank of Baroda, UTI Mutual Fund announced tax-free dividend of 7 percent, which would come into its effect from Dec 21, 2010.

All unit holders, who are registered under the dividend option of UTI Dividend, can afford fund from Dec 21, 2010.

Other investors, who join the dividend option of the scheme on or before the record date, will be eligible for the dividend.

UTI-Dividend Yield Fund is an open-ended equity oriented scheme.

The investment objective of the scheme is to provide medium to long-term capital gains and dividend distribution by investing predominantly in equity and equity related instruments, which offer high dividend yield.

OneIndia News

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more