40% div announced under UTI Mid Cap Fund - Direct Plan 01/12/2014

40% div announced under UTI Mid Cap Fund - Direct Plan
01/12/2014 10:43
UTI Mutual Fund has announced 40 per cent dividend under dividend payout option of scheme named as “UTI Mid Cap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December 03. The latest NAV of the scheme is Rs 50.97. The investment objective of the open-ended equity fund scheme is to provide capital appreciation by investing primarily in mid cap stocks. The performance of the scheme is benchmarked against CNX Midcap Index. Anoop Bhaskar is the fund manager of the scheme.