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Tuesday, January 06, 2009

Lotus India MF declares dividend

Record date for dividend is 11 January 2009

Lotus India Mutual Fund has announced dividend under dividend option of Lotus India Quarterly Interval Fund- Plan I. The record date for the declaration of dividend is 11 January 2009.

The quantum of dividend will be Rs 0.11440684 per unit for Regular option and Rs 0.11778923 per units for Institutional Option. The NAV for the scheme for both retail and institutional plan was at Rs 10.1144 and Rs 10.1178 per unit, respectively as on 02 January 2009.

Lotus India Quarterly Interval Fund- Plan I is a debt oriented interval scheme with an objective to generate income by investing in a portfolio of debt and money market instruments.

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