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Thursday, June 18, 2009

Franklin India Prima Fund offers tax-free dividend

Record date for dividend is 24 June 2009

Franklin Templeton Investments (India) Mutual Fund has announced dividend under the dividend option of Franklin India Prima Fund, an open-ended growth fund. The dividend declared is Rs. 6.00 per unit on the face value of Rs. 10. All investors registered in the dividend plan as on 24 June 2009 will receive this tax-free dividend.

The record date for the dividend is 24 June 2009 and any purchases on or before this date will be eligible for the dividend Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of 26 June 2009 and unit holders will be allotted additional units for the dividend amount.

Franklin India Prima Fund was launched in December 1993 and currently manages over Rs.758 crore of assets for over 137,000 investors.

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