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UTI Mutual Fund today declared tax-free dividend of eight per cent for its scheme UTI — Opportunities Fund.
The record date for the dividend is May 2, the company said in a statement.
All unit holders registered under the dividend option of UTI — Opportunities Fund as on the record date will be eligible for this dividend, it said.
The net asset value (NAV) a unit as on April 26, was Rs 15 under the dividend option, it added.
Launched in 2005, UTI Opportunities Fund is an open-ended equity scheme.
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