Fund News

8% Dividend in UTI Dividend Yield Fund

UTI Mutual Fund announced a 8% dividend (Rs 0.80 per unit on a face value of Rs 10), under the divid

UTI Mutual Fund announced a 8% dividend (Rs 0.80 per unit on a face value of Rs 10), under the dividend option of UTI Dividend Yield Fund.

The record date of the same has been fixed as January 23, 2008.

This fund has already given eight dividends since its launch. The last dividend was of 8% being paid in September, 2007.

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