UTI Bond Fund has declared bonus units @0.40 unit for every unit held (i.e. ratio of 4:10) to unitholders under the dividend option. The record date is June 23, 2002 and the book closure for the same is from June 24 to June 30, 2002.
The dividend (income) option was introduced in October 01, 2001 and since then it has paid two quarterly dividends of 3 per cent in January and 5 per cent in May 2002.