UTI Top 100 Fund declares dividend of 30% (Rs.3 per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan, says a press release issued by the company.
The record date for the dividend is March 26, 2015.
All unit holders registered under the dividend option-existing plan and dividend option- direct plan of UTI Top 100 Fund as on the record date will be eligible for this dividend. Also investors who join the dividend option-existing plan and dividend option-direct plan of the scheme on or before the cut off time of the record date will be eligible for the dividend.
The NAV of UTI Top 100 Fund on March 23, 2015 under dividend option-existing plan was Rs.36.3938 and under dividend option-direct plan was Rs.36.6193.
UTI Top 100 Fund is an open ended equity scheme which aims to provide long term capital appreciation by investing predominantly in equity and equity related instruments of top 100 stocks by market capitalization.
Swati Kulkarni is the fund manager of the scheme.
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