UTI Dividend Yield Fund
Objective :
To provide medium to long term capital gains and/or dividend distribution by investing predominantly in equity and equity related instruments that offer a high dividend yield.
Structure :
Open Ended Equity Fund
Inception Date :
April 11, 2005
Plans and Options under the Plan :
Income Option, Growth Option
Face Value (Rs/Unit):
Rs. 10
Minimum Investment :
Rs. 5,000/-
Entry Load :
2.25% for < Rs.2 crores; NIL for >= Rs.2 crores
Exit Load :
Nil.
Daily NAV & Price:
Scheme | NAV | Repurchase Price | Sale Price | Date |
---|---|---|---|---|
UTI-Dividend Yield Fund.-Growth | 61.3679 | 61.3679 | 61.3679 | 14-Dec-2017 |
UTI-Dividend Yield Fund.-Income | 17.4114 | 17.4114 | 17.4114 | 14-Dec-2017 |
in the form of dividend.Need to look hard on the scheme.
On paper it looks good, but practically i lost in one year. Another negative thing, takes a long time to process redemption. I redeemed on 4th of this month, no credit in my account yet.
People, broker told me, 5 working days, some said 10 working days. Is there any definite time period to receive this fund?
I do not recommend this fund because of monstrously bad services.