Franklin Templeton Investments (India), one of the largest* fund houses in the country has announced tax-free dividend in Templeton India Growth Fund (TIGF) and Franklin Build India Fund (FBIF) as given below. All investors registered in the Dividend Plan/Option as on December 20, 2013 will receive this tax-free dividend.
The record date for the dividend is December 20, 2013 and any purchases on or before this datewill be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of December 23, 2013 and unitholders will be allotted additional units for the dividend amount.
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