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UTI offers 11-12 per cent on 3 equity schemes
New Delhi: Unit Trust of India (UTI) will offer an attractive tax-free 12 per cent return on its 'Master Equity Plan' of 1999 (MEP-99) and 'Index Select Equity Fund' while pegging 11 per cent return on 'Mastergrowth-1993' fund.

UTI has set the record date for income distribution of the three equity schemes MEP-99, Index Select Equity Fund and Mastergrowth-93 on January 10, 2002.

In case of the close-ended MEP-99 scheme, UTI has decided to distribute 12 per cent (Rs 1.20 per unit of Rs 10) compared to 15 per cent dividend twice in January and October 2000.
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domain - B : Indian business : News Review : 24 Dec 2001 : people