UTI MF declares dividend

UTI Dividend Yield Fund declares tax-free dividend of 8% (Re.0.80 per unit on face value of Rs.10). The record date for the dividend is 8 June 2007. During the financial year 2006-07, UTI Dividend Yield Fund had declared dividend totaling to 21% (Rs.2.10 per unit on face value of Rs.10). All unit holders registered under the dividend option of UTI Dividend Yield Fund as on 8 June 2007 will be eligible for this dividend. Also investors who join the dividend option of the scheme on or before the record date will be eligible for the dividend