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UTI Mutual Fund announces dividend in two of its schemes

UTI Mutual Fund has approved the declaration of dividend under the dividend option of UTI Balanced Fund and UTI Monthly Interval Plan 1 (Retail and Institutional Plan).

The quantum of declaration is 15 per cent under UTI Balanced Fund and will be 100 per cent of distributable surplus as available under the plan(s) on the record date. The record date is September 22, 2010.