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Wednesday, January 21, 2009

Lotus India MF declares dividend

Record date for dividend is 26 January 2009

Lotus India Mutual Fund has announced dividend under dividend option of Lotus India Quarterly Interval Fund- Plan J. The record date for the declaration of dividend is 26 January 2009.

The quantum of dividend will be Rs 0.19338923 per unit for Regular option and Rs 0.19690120 per units for Institutional Option. The NAV for the scheme for both retail and institutional plan was at Rs 10.1934 and Rs 10.1969 per unit, respectively as on 19 January 2009.

Lotus India Quarterly Interval Fund- Plan J 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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