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Mangalore, Nov. 9

UTI Master Plus Unit Scheme has declared tax-free dividend of 50 per cent. The record date is November 28.

A press release by the UTI Mutual Fund said here on Wednesday that all unit-holders registered under the dividend option of UTI Master Plus Unit Scheme, as on November 28, 2005, would be eligible for this dividend.

On November 8, the net asset value under the dividend option stood at Rs 39.38.

The portfolio of the scheme is a blend of industry leaders and emerging industry leaders. the release added.

(This article was published in the Business Line print edition dated November 10, 2005)
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