UTI-SPrEAD Fund declares tax-free dividend of 0.65% (Rs. 0.065 per unit on face value of Rs.10/-) under dividend option-existing plan and dividend option-direct plan. The record date for the dividend is Aug. 20, 2015.  

Pursuant to the payment of dividend, the NAV of the dividend option-existing plan and dividend option-direct plan of the scheme would fall to the extent of payout.

The NAV of UTI-SPrEAD Fund on Aug. 14, 2015 under dividend option-existing plan was Rs.15.5933 and under dividend option-direct plan was Rs.15.8245. Kaushik Basu is the fund manager of the scheme.

All unit holders registered under the dividend option-existing plan and dividend option- direct plan of UTI-SPrEAD Fund as on the record date will be eligible for this dividend.

UTI-SPrEAD Fund is an open-ended equity fund investing in a mix of equity, equity derivatives, debt and money market instruments.