35% Dividend in UTI Banking Sector Fund | Value Research UTI Mutual Fund has announced a dividend of 35% (i.e. Rs 3.50 per unit on the face value of Rs. 10)
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35% Dividend in UTI Banking Sector Fund

UTI Mutual Fund has announced a dividend of 35% (i.e. Rs 3.50 per unit on the face value of Rs. 10) under the dividend option of UTI Banking Sector Fund. The record date for the same has been fixed as May 23, 2007.

This would be the second dividend from this fund since its inception. Earlier in September 2005, the fund paid a dividend of 25%.


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