UTI Infrastructure Fund, UTI Balanced Fund and UTI Top 100 Fund has declared tax free dividend of 9%, 5% and 21% respectively.
The record date for the dividend is March 16, 2016.
UTI Infrastructure Fund declares tax-free dividend of 9% (Rs.0.90 per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. All unit holders registered under the dividend option-existing plan and dividend option- direct plan of UTI Infrastructure 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 Infrastructure Fund on March 9, 2016 under dividend option-existing plan was
Rs.20.0534 and under dividend option-direct plan was Rs.20.3250. Sanjay Dongre is the fund manager of the scheme.
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. dividend option- direct plan of UTI Balanced 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 Balanced Fund on March 9, 2016 under dividend option-existing plan was Rs.26.2557 and under dividend option-direct plan was Rs.26.5685. V Srivatsa is the fund manager of the scheme.
UTI Top 100 Fund declares tax-free dividend of 21% (Rs.2.10 per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. 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 09, 2016 under dividend option-existing plan was Rs.29.4232 and under dividend option-direct plan was Rs.29.7730. Swati Kulkarni is the fund manager of the scheme.
