APN News

  • Wednesday, October, 2021| Today's Market | Current Time: 09:10:25
  • UTI Mastershare Unit Scheme declares Income Distribution Cum Capital Withdrawal

    Published on October 27, 2021

    UTI Mastershare Unit Scheme, India’s first equity oriented scheme declares Income Distribution cum capital withdrawal (gross distributable amount) of 27% (Rs.2.70 per unit on face value of Rs.10) under Income Distribution cum capital withdrawal option-regular plan and Income Distribution cum capital withdrawal option –direct plan.

    Distribution of above Income Distribution cum capital withdrawal (IDCW) are subject to the availability of distributable surplus as on record date.

    Pursuant to the payment of IDCW, the NAV of the IDCW option-regular plan and IDCW option-direct plan of the scheme would fall to the extent of payout and statutory levy (if applicable).

    The record date for the IDCW is November 1, 2021.

    All unit holders registered under the IDCW option-regular plan and IDCW option- direct plan of UTI Mastershare Unit Scheme  as on the record date will be eligible for this IDCW.

    The NAV of UTI Mastershare Unit Scheme on October 26, 2021 under IDCW option-regular plan was Rs.47.2102 and under IDCW option-direct plan was Rs.52.8859.