Franklin Templeton announces dividend in Templeton India Pension Plan

India Infoline News Service | Mumbai |

The record date for the dividend isJanuary 3, 2014 and any purchases on or before this date will be eligible for the dividend.

Franklin Templeton Investments (India), one of the largest* fund houses in the country has announced dividend in Templeton India Pension Plan (TIPP)as given below.

All investors registered in the Dividend Plan/Option as on January 3, 2014 will receive this dividend. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).

Investment of up to Rs.1 Lakh in TIPP during the current financial year (2013-14) would also be eligible for tax benefits under Section 80 C of the Income Tax Act.
 
The record date for the dividend isJanuary 3, 2014 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of January 6, 2014 and unitholders will be allotted additional units for the dividend amount.
 
The record date for the dividend isJanuary 3, 2014 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of January 6, 2014 and unitholders will be allotted additional units for the dividend amount.

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.