UTI Mutual Fund has declared dividend under dividend option of UTI Short Term Fixed Maturity Plan Series I - VI 91 days, for two plans viz. retail and institutional plan. The record date for the dividend is set as 25 November 2008.
The quantum of dividend will be 100% of the distributable surplus as on the record date for the face Rs 10 per unit. The NAV for the scheme under retail & institutional option was at Rs 10.2526 per unit as on 17 November 2008.
UTI Short Term Fixed Maturity Plan Series I - VI 91 days is a close ended income scheme, with an objective to generate regular returns by investing in a portfolio of fixed income securities normally maturing in line with the maturity period of the scheme.
Powered by Capital Market - Live News