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Markets - Dividend Announcement
UTI Equity Fund to pay 20 pc dividend

Our Bureau

Mangalore, July 17

UTI Equity Fund (formerly known as UTI-Mastergain Unit scheme) has declared tax-free dividend of 20 per cent.

A press release by UTI Mutual Fund said here on Monday that July 19 is the record date for the dividend.

On July 14, the NAV per unit was Rs 26.68 under the dividend option. Pursuant to the payment of dividend, the NAV of the dividend option of the scheme would fall to the extent of payout and statutory levy if any, the release added.

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