UTI Mutual Fund to pay dividend to investors in Master Value Fund
Mumbai: UTI Mutual Fund has declared dividend under its UTI Master Value Fund. The record date for distribution of dividend is March 1, 2011.
The quantum of dividend decided for distribution is Rs 1.00 per unit on the face value of Rs 10.
UTI Master Value Fund is an open ended equity scheme with investment objective to generate capital appreciation through investment in stocks that are relatively undervalued to their expected long-term earnings growth. The scheme is managed by Anoop Bhasker. It is benchmarked against BSE 200.
