26
Nov
In 2006, UTI Arbitrage Fund was launched. The fund has exhibited decent performance besides paying monthly dividend under its regular and direct plans. On compounded annual growth basis, the fund has delivered a return of 4.46% under its regular plan growth option and 5.02% under its direct plan growth option on a 1-year basis. (Data as of 6th November 2020). UTI Arbitrage Fund can be a good investment option given its track record. Being an equity-oriented fund, it enjoys certain tax arbitrage compared to other debt investment avenues. The fund has a reasonable track record of monthly dividend distribution. The…
