UTI Mutual Fund revises provisions of all open-ended schemes except for UTI- Monthly Income Scheme (UTI-MIS) & UTI-MIS Advantage Plan, on a prospective basis, effective from Mar 10. According to the revised structure, for a dividend payout of less than or equal to Rs.1,500 and where complete bank account details are not available or facility of electronic credit is not available with investor’s Bank or Bank Branch, the amount will be compulsorily reinvested wherever reinvestment option is available under the scheme and an Account Statement (SoA) will be sent to the investors at their registered address. Also, if dividend warrants are returned undelivered and/or the dividend warrant remains unclaimed on 3 consecutive occasions, then future dividend amount will be reinvested.