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Monday, March 16, 2009

Tata Monthly Income Fund declares dividend

Record date for dividend is 19 March 2009

Tata Mutual Fund has approved 19 March 2009 as record date for declaration of dividend under quarterly dividend option of Tata Monthly Income Fund.

The quantum of dividend will be Rs 0.1247 per unit on face value of Rs 10 per unit. The NAV of the scheme was at Rs 11.8571 as on 12 March 2009.

Tata Monthly Income Fund is an open-ended debt scheme, with an investment objective to provide reasonable and regular income along with possible capital appreciation to its unitholder.

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