Tata Infrastructure Fund declares 20% dividend

The Trustees of TATA Mutual Fund have declared a tax-free dividend of Rs.2 (20%) in Tata Infrastructure Fund. The Fund has fixed March 9, 2007 as the record date. The face value per unit is Rs.10.

Investors who purchase units of this mutual fund scheme on or before cut-off time on March 9, 2007 are eligible for the dividend. The NAV of the scheme as on March 5, 2007 is Rs.18.6975. Distribution of this dividend is subject to availability and adequacy of distributable surplus.

The NAV of the scheme will fall to the extent of dividend paid and statutory levy, if any after the specified record date.
Disclaimer: Mutual Fund Investments are subject to market risk. Please read the standard offer document for more details and risk factors.

Source : Equity Bulls

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