Tag «tax-free dividend»

UTI Equity Fund declares tax-free dividend of 17.50%

UTI Equity Fund declares tax-free dividend of 17.50% (Rs.1.75 per unit on face value of Rs.10). Pursuant to the payment of dividend, the NAVs of the dividend option- existing plan and dividend option-direct plan of the scheme would fall to the extent of payout and statutory levy if any. The record date for the dividend …