UTI Equity Fund declares tax-free dividend of 14%

UTI Equity Fund declares tax-free dividend of 14% (Rs 1.40 per unit on face value of Rs10). Pursuant to the payment of dividend, the NAVs of the dividend option- existing plan and dividend option-direct plan of the scheme would fall to the extent of payout and statutory levy if any.  The record date for the dividend is 26 February 2013.  

All unitholders registered under the dividend option-existing plan and dividend option-direct plan of UTI Equity Fund as on 26 February 2013 will be eligible for this dividend. Also investors who join any of the dividend options of the scheme on or before the cut off time of the record date will be eligible for the dividend.