Wednesday, January 30, 2008

UTI MF Declares Dividend

The UTI Mutual Fund has announced the declaration of dividend under the dividend option of UTI Short Term Income Fund. The record date for the declaration of dividend is 29 January 2008. The quantum of dividend is 0.55% i.e. Rs. 0.55 per unit on the face value of Rs.10. The NAV of the scheme was recorded at Rs 10.1809 as on 28 January 2008

UTI Short Term Income Fund is an open-ended income scheme with an objective to generate steady and reasonable income with low risk an high level of liquidity form a portfolio of money market instruments and high quality debt.

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