Tag «tax-free»

UTI Dividend Yield Fund declares tax-free dividend of 7.50%

UTI Dividend Yield Fund declares tax-free dividend of 7.50% (Re.0.75  per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. Pursuant to the payment of dividend, the NAV of the dividend option-existing plan and dividend option-direct plan of the scheme would fall to the extent of payout.   The …

UTI Mid Cap Fund declares tax-free dividend

  UTI Mid Cap Fund declares a tax-free dividend of 25% (Re.2.50  per unit on face value of Rs.10) under dividend option-existing plan and dividend option –direct plan. Pursuant to the payment of dividend, the NAV of the dividend option-existing plan and dividend option-direct plan of the scheme would fall to the extent of payout. …