UTI Banking Sector Fund announces dividend @25% i.e. Rs.2.50/- per unit.
Record date for the same would be 09th May 2011.
With this dividend, UTI Banking Sector Fund has declared its 2nd dividend in this calendar year, taking the total dividend payout to 50% for the CY-2011.
- UTI BSF has outperformed the benchmark - UTI BSF also has outperformed the broader indices (SENSEX and Nifty)
- UTI BSF has outperformed the indices over last 4 calendar years on a regular basis
*Source : MFIE & Valueresearch , Scheme's Growth option taken, data as of 29th April 2011.