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Tata Mutual Fund announces dividend under Tata Equity P/E Fund

Capital Market/ 07:39 , Aug 25, 2012

Record date for dividend is 30 August 2012

Tata Mutual Fund has announced 30 August 2012 as the record date for declaration of dividend under the dividend trigger option B-10% of Tata Equity P/E Fund. The recommended rate of dividend on the face value of Rs 10 per unit will be Rs 1 per unit.

Tata Mutual Fund has announced the merger of Tata Life Sciences & Technology Fund and Tata Service Industries Fund into Tata Equity Opportunities Fund. The record date for merger is 14 September 2012. Unit holders who are not in agreement with the merger may redeem their units at applicable NAV or switch to other schemes of Tata Mutual Fund without payment of exit load till 14 September 2012.

 



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