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21 per cent dividend under UTI Balanced Fund

UTI Mutual Fund has announced a dividend of 21 per cent (i.e. Rs 2.10 per unit on the face value of Rs. 10) under the dividend option of UTI Balanced Fund. The record date for the same has been fixed as March 22, 2007.

Last year in March, a dividend of 18 per cent was paid by the fund.