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UTI Regular Income Scheme Declares Dividend


UTI Regular Income Scheme has declared a dividend 0.70 per cent (i.e. Rs.0.070 per unit on a face value of Rs.10). The investors who have opted for income option are eligible for the dividend. The record date for the dividend is October 31, 2003.

Launched in September 2002, UTI-RIS, is an open-ended monthly income plan aiming at distributing dividend periodically. The scheme has consistently declared dividends every month so far. This is the tenth dividend offered by the scheme in the current year from January 2003 onwards.