Tax-free dividend of 13%: UTI
UTI Opportunities Fund declares tax-free dividend of 13% (Re.1.30 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 15th May, 2017.
All unit holders as on the record date will be eligible for this dividend along with the 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. The NAV of UTI Opportunities Fund on May 9, 2017 was Rs.18.7152 for dividend option-existing plan and Rs. 21.0879 for dividend option-direct plan.