UTI Mutual Fund has declared dividend under its scheme, UTI Top 100 Fund. The quantum of dividend decided for distribution is 12 per cent that is Rs. 1.20 per unit on the face value of Rs. 10. The record date for declaration of dividend is 13th July, 2010. UTI Top 100 Fund is an open ended equity diversified scheme, with an investment objective to provide long term capital appreciation and dividend distribution by investing predominantly in equity and equity related instruments of top 100 stocks by market capitalization. The scheme is managed by Mr. Harsha Upadhyaya and is benchmarked against BSE100.
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