Are you confused about the type of scheme in which you should invest? We all know that mutual fund investments are bit risky and stable income yielding investment vehicles. But there are lot of schemes available, ranging from equity diversified, growth stocks, value stocks to debt funds. Where should you invest? One good option is to invest in dividend yield funds from UTI.

Dividend yield mutual funds distributes some of the gains generated by the fund to its investors from time to time. Tax reducing features are phenomenal. Not only the dividends generated by the schemes are not taxable, but there is no dividend distribution tax. Moreover the long term capital gains i.e. gains on assets held over one year are not taxable. If you wish to invest for a period less than one year, then dividend option is the best.

UTI aims to provide value added services, stable and consistent returns to its investors. UTI Dividend Yield Fund has declared a dividend of 5% i.e. Rs. 0.50 per unit at a face value of Rs 10. This was declared in March, 2010. This is an open ended equity fund aimed at producing long term capital gains and dividend distribution.

How to Invest Online?

If you are a new investor at UTI then you can avail their online investment option. All you need to do is register online, download necessary forms, fill them up and send them with necessary documents to UTI office to get your personal PIN number. Once you have your unique PIN code then you may invest in any schemes online.