Published on Tue, Dec 08, 2009 at 16:21 | Source : Moneycontrol.com
Updated at Wed, Dec 09, 2009 at 16:37
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UTI - CRTS declares dividend
UTI Unit Scheme for Charitable and Religious Trusts and Registered Societies (UTI-CRTS) has announced a dividend, for which the record date is December 11, 2009.
All unitholders registered under the dividend option of the scheme as on record date December 11, 2009 will be eligible for this dividend. The NAV of the scheme under the the dividend option as on December 8, 2009 was Rs 121.8414.
UTI-CRTS is an open-ended income oriented scheme which caters to the investment needs of Charitable, Religious and Educational Trust as well as Registered Societies. The objective of the scheme is primarily to provide regular income to its investors by investing not more than 30% of the funds in equity/ equity related instruments and balance in debt and money market instruments with low to medium risk profile.