UTI Services Industries Fund offers 17.50% dividend

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COPPER FUTURES RISE ON WEAK DOLLAR AND GAINS IN U.S. MARKETS
CRUDE OIL FALLS ON RISE IN INVENTORY LEVEL AFTER RISING OVER 2.5% ON TUE
JAPANESE MACHINERY ORDERS JUMP 20.1% IN DEC' 09 (MOM)
NET INCOME DOWN 0.12% AT $844MN (YOY); REVENUES UP 1.5% TO $9.74BN
REPORTS ON GREECE'S BAILOUT BY EU BOOSTS STOCKS
ASIAN STOCKS RECOVER ON IMPROVED OUTLOOK FOR GREECE
DOW JONES UP 1.52%, S&P500 UP 1.3%, NASDAQ UP 1.17% (TUESDAY CLOSING)
DOW POSTS ITS LARGEST ONE DAY % GAIN IN THREE MONTHS
NIFTY ENDS HIGHER FOR THE 3RD STRAIGHT DAY BUT FAILS TO TAKE OUT 4800
IDFC LOSES 0.9%, ADDS 8.3 LAKH SHARES IN OPEN INTEREST
HINDALCO LOSES 1.3%, ADDS 13.9 LAKH SHARES IN OPEN INTEREST
DLF LOSES 1.8%, ADDS 7.9 LAKH SHARES IN OPEN INTEREST
BOMBAY RAYON GAINS 3.1%, ADDS 4.9 LAKH SHARES IN OPEN INTEREST
ASHOK LEYLAND LOSES 0.5%, ADDS 6.3 LAKH SHARES IN OPEN INTEREST
STOCK FUTURES ADD 74.7 LAKH SHARES IN OPEN INTEREST
4800, 4700 AND 4600 PUTS EACH ADD ABOUT 5 LAKH SHARES IN OPEN INTEREST
AGGRESSIVE PUT-WRITING SEEN ACROSS THE BOARD
4800 CALL ADDS 5 LAKH SHARES IN OPEN INTEREST
CALL WRITING SEEN IN AT-THE-MONEY STRIKE PRICES
NIFTY FEBRUARY PUT-CALL RATIO AT 1 VS 0.94 ON MONDAY
FEB FUTURES END TUE AT A PREMIUM OF 0.7 PTS VS A PREMIUM OF 4.5 PTS ON MON
NIFTY FEBRUARY FUTURES SHED 20.4 LAKH SHARES IN OPEN INTEREST
NIFTY ENDS HIGHER FOR THE 3RD STRAIGHT DAY JUST BUT FAILS TO TAKE OUT 4800
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JAN SALEABLE STEEL OUTPUT UP 3.6% AT 1.158 MN TONS (YOY)
JAN STEEL SALES AT 1.013 MN TONS VS 1.02 MN TONS (YOY)
ITC DID NOT DISCLOSE NATURE OF SALES OF PRODUCTS WORTH RS.1,179 CR: SRCS
ITC HAS REPORTED AMBIGUOUS FOREX GAINS WORTH RS.203 CR: SRCS
ITC HAS REPORTED AMBIGUOUS CLOSING, OPENING STOCK WORTH RS.293 CR: SRCS

Updated: 30/09/2008 | 12:00 AM IST

Mutual fund

Capital Market

Tuesday, September 30, 2008 (New Delhi)

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UTI Mutual Fund has announced the dividend under dividend option of UTI Services Industries Fund, an open-ended growth oriented equity scheme. The record date for the declaration of dividend is 6 October 2008. The quantum of dividend will be 17.50% or Rs. 1.75 per unit on the record date.

The NAV for the scheme was at Rs 20.5100 as on 26 September 2008.

UTI Services Industries Fund seeks to provide capital appreciation through investments in equities and equity related instruments.

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