UTI Master Plus Unit Scheme declares dividend of 20%

The record date for the dividend is January 9, 2009.

All unitholders registered under the dividend option of UTI Master Plus Unit Scheme as on January 9, 2009 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.

The NAV per unit as on January 2, 2009 was Rs.35.79 under the dividend option.

UTI Master Plus Unit Scheme was launched in December 1991 as a close-ended equity scheme. The scheme was subsequently made open-ended from October 1998. The objective of the scheme is capital appreciation through investment in equity and equity related instruments.

Shri Sanjay Dongre, fund manager of UTI Master Plus Unit Scheme said, "The scheme aims to focus on high growth stocks of BSE 100 index which have potential to emerge as industry leaders in medium term. The portfolio of the scheme is a blend of industry leaders and emerging industry leaders. The scheme is trusted by over 4 lakh investors. "

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