Friday, December 11, 2009

Franklin Templeton MF Declares Dividend for Pension Plan

Record date for dividend is 16 December 2009 

Franklin Templeton Mutual Fund has declared dividend on the face of Rs 10 per unit under dividend option of Templeton India Pension Plan. The record date for the dividend has been fixed as 16 December 2009.

The quantum of the dividend will be 12% (Rs 1.20 per unit) as on the record date.

Templeton India Pension Plan is an open ended tax saving scheme with the investment objective to provide investors regular income under the dividend plan and capital appreciation under the growth plan.