UTI Banking Sector Fund today declared tax-free dividend of 25% for its scheme UTI Banking Sector Fund.
The record date for the dividend is May 9, the company said in a statement.
All unit holders registered under the dividend options of the scheme as on May 9 would be eligible for dividends.
As on May 3, the NAV per unit of UTI Banking Sector Fund was Rs 21.87 under the dividend options.
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