India’s First Equity Oriented Scheme – UTI Mastershare declares 30% Dividend

UTI Mastershare Unit Scheme, India’s first equity oriented fund declares tax-free dividend of 30% (Re.3.00 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 …