UTI has declared an income distribution of Rs.2.50 per unit (face value Rs.100) under its Unit Scheme for Charitable and Religious Trusts and Registered Societies (CRTS 81). The income distribution will be payable to all unit-holders whose names appear in the books as on September 30, 2002.
It is an open-ended scheme with an asset base of nearly Rs 414 crores. The scheme aims at distributing a minimum of 75% of the net annual distributable income periodically at such rates as may be decided.
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