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Mangalore , Nov. 28

UTI Mutual Fund has declared a tax-free dividend of 25 per cent on the face value of Rs 10 in its UTI Mastergrowth Unit scheme. The record date for the dividend is December 15.

A press release by UTI Mutual Fund said here on Monday that all unit-holders registered under the dividend option of UTI Mastergrowth Unit scheme as on December 15 would be eligible for this dividend.

On November 25, the NAV under the dividend option was Rs 30.80.

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