Date:17/08/2006 URL: http://www.thehindubusinessline.com/2006/08/17/stories/2006081704201500.htm

Back UTI Mid Cap Fund declares 30 pc dividend

Our Bureau

Mangalore , Aug. 16

UTI Mid Cap Fund has declared tax-free dividend of 30 per cent. A press release by the UTI Mutual Fund said here on Wednesday that the record date for the dividend is August 18.

On August 14, the NAV per unit was Rs 19.30 under the dividend option.

Pursuant to the payment of dividend, the NAV of the dividend option would fall to the extent of payout and statutory levy if any, it said.

UTI Mid Cap Fund was launched in March 2004 as an open-end equity fund.