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Thursday, February 19, 2009

Franklin India Prima Plus Fund offers tax-free dividend

Record date for dividend is 25 February 2009

Franklin Templeton Investments (India) Mutual Fund has announced dividend under the dividend option of Franklin India Prima Plus Fund, an open-ended growth fund. The dividend declared is Rs. 2.50 per unit on the face value of Rs. 10. The record date for dividend is 25 February 2009. All investors registered in the dividend plan as on 25 February 2009 will receive this tax-free dividend.

The scheme aims to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities, and money market instruments. Franklin India Prima Plus was launched in September 1994 as an open-end fund and currently manages assets over Rs.1040 crore.

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