Tuesday, January 19, 2010

Canara Robeco Balance Scheme Declares 70% Dividend

Record date for dividend is 22 January 2010 

Canara Robeco Mutual Fund has announced the declaration of dividend under dividend option of Canara Robeco Balance Scheme. The record date for dividend has been fixed as 22 January 2010.


The quantum of dividend will be 70% (Rs 7 per unit), subject to availability of distributable surplus as on the record date. The scheme recorded NAV of Rs 54.58 as on 15 January 2010.

Canara Robeco Balance Scheme has the investment objective to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity securities as well as fixed income securities (debt and money market securities).