UTI Value Opportunities Fund declares Dividend (Gross Distributable Amount-12%)
UTI Value Opportunities Fund (formerly known as UTI Opportunities Fund) declares dividend (gross distributable amount) of 12% (Re.1.20 per unit on face value of Rs.10) under dividend option-regular plan and dividend option –direct plan.
Distribution of above dividends are subject to the availability of distributable surplus as on record date. Dividend payout to the investor will be lower to the extent of Dividend Distribution Tax.
Pursuant to the payment of dividend, the NAV of the dividend option-regular plan and dividend option-direct plan of the scheme would fall to the extent of payout and statutory levy (if applicable).
The record date for the dividend is July 9, 2018.
All unit holders registered under the dividend option-regular plan and dividend option- direct plan of UTI Value Opportunities Fund as on the record date will be eligible for this dividend. Also investors who join the dividend option -regular plan and dividend option-direct plan of the scheme on or before the cut off time of the record date will be eligible for the dividend.
The NAV of UTI Value Opportunities Fund on July 3, 2018 under dividend option-regular plan was Rs.19.6306 and under dividend option-direct plan was Rs.22.5034.
UTI Value Opportunities Fund is an open-ended equity scheme following value investment strategy. The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across market capitalization spectrum. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Mr. Vetri Subramaniam and Mr. Amit Premchandani are the fund manager of the scheme.