St. Judes enters a tie-up with UTI AMC
UTI Asset Management Co. Ltd has launched 'CanServe', a facility that allows investors in three of its existing funds to donate their dividend proceeds to St. Judes. The agreement to this effect was signed in Mumbai on 26 August.
Investors in the dividend plan of any of these schemes can choose to donate their dividends, as and when the funds declare them. Investors can donate either 50% or 100% of their dividend proceeds.St. Judes is grateful to UTI for making common cause with us by throwing open this avenue of funds generation for us.