Fund News

UTI Liquid - Cash Plan Declares Weekly Dividend

UTI Liquid Cash Plan has declared a weekly dividend of 0.09 per cent (Rs.0.009 per unit on a face value of Rs.10). The investors existing in the books of the Dividend Plan, on the close of business of July 26, 2003 are eligible for the dividend.

UTI Liquid - Cash Plan is an open-end income scheme, which seeks to generate steady and reasonable income, with low risk and high level of liquidity, from a portfolio of money market securities and high quality debt. The minimum investment for the Cash Plan is Rs 1 lakh. The scheme charges no entry or exit load. It offers two options - Growth and Dividend.

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