UTI MF Declares Bonus For Unit Linked Insurance Plan (19-Feb-2010)
UTI Mutual Fund has declared bonus on the face value of Rs 10 per unit under UTI Unit Linked Insurance Plan. The record date for bonus has been set as February 23, 2010. The quantum of bonus will be in the ratio of 1:10 (1 additional unit for every 10 units currently held). The NAV of the scheme as on February 16, 2010 stood at Rs 18.3108.
All the unit holders, of the aforesaid scheme whose names appear in the register of unit holders as at the close of business hours on the record date are entitled for Bonus. The units will be allotted on the day immediately after the record date at ex-Bonus NAV of the record date. UTI Unit Linked Insurance Plan is an open end tax saving cum insurance scheme with an investment objective to provide return through growth in NAV or through dividend distribution and reinvestment thereof.
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