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UTI Retirement Benefit Plan Declares Bonus


UTI Retirement Benefit Plan (UTI-RBP) has declared a bonus in the ratio of 1.5 units for every 10 units held of face value of Rs 10 each. The record date for the bonus is October 29, 2004.

This is the second bonus declared by the scheme. Earlier in October 2003, UTI-RBP had declared a bonus in the ratio of 1 unit for every 4 units held of face value of Rs 10. The scheme had also declared two dividends at the rate of 11.5 per cent in June 2000 and 10 per cent in June 2001.

During the last one year the scheme has generated a return of 15.48 per cent against benchmark Crisil MIP Blended Index of 4.38 per cent.