UTI Balanced Fund
UTI Balanced Fund declares tax-free dividend of 5% (Rs. 0.50 per unit on face value of Rs.10/) under dividend option-existing plan and dividend option –direct plan.
The record date for the dividend is December 9, 2015. The NAV of UTI Balanced Fund on December 3, 2015 under dividend option-existing plan was Rs.28.2163 and under dividend option-direct plan was Rs.28.5126. It is an open-ended balanced fund. The scheme aims to invest in a portfolio of equity/equity related securities and fixed income securities (debt and money market securities) with a view to generating regular income together with capital appreciation. V Srivatsa is the fund manager of the scheme.
UTI CRTS Fund
UTI Unit Scheme for Charitable and Religious Trusts and Registered Societies (UTI-CRTS) declares a dividend resulting in gross pay out of 6.5% (Rs.6.5 per unit on a face value of Rs.100/-) under dividend option-existing plan and dividend option –direct plan. This pay out includes the applicable dividend distribution tax.
The record date for the dividend is December 9, 2015. Considering the dividend distribution tax, the net payout translates into a dividend of 4.35% (Rs.4.35 per unit on a face value of Rs.100/-) for the investors. The NAV of UTI CRTS on December 3, 2015 under dividend option-existing plan was Rs.148.4069 and under dividend option-direct plan was Rs.150.1488.
It is an open ended scheme. Amandeep Chopra (debt) and Mr V Srivatsa (equity) are the fund managers of the scheme.
UTI Mid Cap Fund
UTI-Mid Cap Fund declares tax-free dividend of 45% (Re.4.50 per unit on face value of Rs.10) under dividend option-existing plan and 35% (Re.3.50 per unit on face value of Rs.10) under dividend option –direct plan.
The record date for the dividend is December 9, 2015. The NAV of UTI-Mid Cap Fund on December 3, 2015 under dividend option-existing plan was Rs.50.3068 and under dividend option-direct plan was Rs.51.3899. It is an open-ended equity oriented scheme.
Anoop Bhaskar is the fund manager of the scheme.
