Taurus Mutual Fund has declared dividend under dividend option of Taurus Tax Shield Fund. The record date for the dividend is 23 January 2009.
The Fund house has decided to offer 10% i.e. Re 1.00 per unit as the quantum of dividend as on the record date. The NAV of Taurus Tax Shield Fund was at Rs 14.8364 as on 16 January 2009.
Taurus Tax Shield Fund, an open-ended equity linked saving scheme, with an investment objective of providing capital appreciation besides tax benefits.