UTI Mutual Fund has declared a dividend of 0.55 per cent (Rs.0.055 per unit on a face value of Rs.10/-) under UTI Regular Income Scheme. This is the fourth dividend since the launch of the scheme. All the investors existing in the books on the close of business of April 30, 2003 and have opted for income option, are eligible for the income distribution.
UTI RIS, launched in September 2002, is an open-end debt oriented scheme with no assured returns aiming at distributing income periodically.
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