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MANGALORE: UTI-Growth Sector Fund-Petro (UTI-GSF-Petro) has declared a tax-free dividend of 50 per cent on a face value of Rs10.

A press release by UTI Mutual Fund said here on Wednesday that the record date for the dividend is December 27.

All unit holders registered under the dividend option of UTI-GSF-Petro as on December 27 will be eligible for this dividend.

On December 6, the NAV under dividend option was Rs 21.75.

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