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  • Dividend Transfer Plan (dtp) Application Form - Uti Mutual Fund

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Dividend Transfer Plan (DTP) Enrolment Form Please use separate form for each Scheme/Plan/Option For office use only agent s Name and ARN Sub Broker Code MO Code IH No. Reporting Branch Name Upfront.

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And what used to be called the 'Dividend Plan' of a Mutual Fund scheme is now called the 'Income Distribution cum Capital Withdrawal Plan' or IDCW Plans.

Dividends are payments (made out of profits) made by companies to their shareholders. If you invest in an equity stock directly, the dividends would get directly transferred to your bank account. Also, the bonus issues would get transferred to your demat account.

UTI Asset Management Company Ltd. For the year ending March 2022 UTI Asset Management Company has declared an equity dividend of 210.00% amounting to Rs 21 per share. At the current share price of Rs 659.55 this results in a dividend yield of 3.18%.

The only difference is that, profits are re-invested in growth option and distributed in dividend option. The NAV of growth option will always be higher than the dividend option because the profits re-invested in the growth option may grow in value over time.

Dividend Transfer Plan (DTP) Certain mutual fund houses offer a Dividend Transfer Plan which allows unit holders to opt for an automatic reinvestment of the dividend earned by them into a different scheme. This facility is subject to minimum and maximum amount limitations and available only on certain eligible schemes.

The following are the most significant advantages of dividend yield mutual funds: These funds have the potential to offer regular dividends. The underlying companies of these funds are not affected much by the market movements. These funds mitigate market volatility to a great extent.

Both the IDCW Reinvestment plan and Growth plan reinvest the returns from the mutual fund scheme to earn more returns and avail you of the benefit of compounding. The only difference is that the Growth Plan is more tax-efficient than the Dividend Reinvestment or IDCW Reinvestment plan.

In case the User desires to redeem, he/she has to approach his/her depository participant and submit necessary form/s. As an alternative, redemption request can be placed through depository participants & Exchanges specified intermediaries where NSE MFSS/ BSE STAR platform is available for trading of mutual fund units.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232