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Thursday, January 29, 2009

Tata MF declares dividend

Record date for dividend is 03 February 2009

Tata Mutual Fund has declared dividend under dividend option of Tata Floating Rate Fund – Long Term. The record date for dividend is set as 03 February 2009.

The quantum of dividend is upto 100% of the returns generated between 04 November 2008 to 03 February 2009, subject to the availability of the distributable surplus available on the record date will be distributed as dividend for the face value Rs 10 per unit. The dividend distribution is subject to availability and adequacy of distributable surplus on the record date.

The NAV of the scheme was at Rs 10.5097 per unit as on 27 January 2009.

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