UTI MF declares dividend under UTI VIS-ILP scheme
UTI MF on Monday declared a dividend on one of its open-ended schemes that invests in equities and government debt.
By PTI |
MUMBAI: UTI Mutual Fund on Monday declared a dividend on one of its open-ended schemes that invest in equities and government debt.
The dividend on the UTI Variable Investment Scheme-Index Linked Plan (UTI-VIS-ILP) results in a gross pay-out of 14 per cent. This translates into Rs 1.40 per unit on a face value of Rs 10, including the applicable income distribution tax, a UTI Mutual Fund press release said.
The record date for the dividend is December 20. This is the fifth dividend under the scheme since its launch in 2002.
The asset allocation under the scheme as on November 30 was 32.11 per cent in equity and balance 67.89 per cent in debt, central government securities and money-market instruments.
The dividend on the UTI Variable Investment Scheme-Index Linked Plan (UTI-VIS-ILP) results in a gross pay-out of 14 per cent. This translates into Rs 1.40 per unit on a face value of Rs 10, including the applicable income distribution tax, a UTI Mutual Fund press release said.
The record date for the dividend is December 20. This is the fifth dividend under the scheme since its launch in 2002.
The asset allocation under the scheme as on November 30 was 32.11 per cent in equity and balance 67.89 per cent in debt, central government securities and money-market instruments.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
