Mumbai: UTI Mutual Fund has declared dividend under its UTI Unit Scheme for Charitable and Religious Trusts and Registered Societies (UTI CRTS). The record date for distribution of dividend is March 15, 2011.
The quantum of dividend decided for distribution is Rs 2.4430 per unit on the face value of Rs 10.
UTI CRTS is an open-end income scheme with the investment objective to provide regular income to unitholders of the scheme. The scheme is jointly managed by Amandeep S. Chopra and V. Srivatsa. It is benchmarked against CRISIL Debt Hybrid (75:25).
