Monday, April 18, 2011

Franklin Templeton MF Declares Dividend for FT India Dynamic PE Ratio Fund of Funds

Record date for dividend is 21 April 2011 

Franklin Templeton Mutual Fund has approved the declaration of dividend on the face value of Rs 10 per unit of FT India Dynamic PE Ratio Fund of Funds. The record date for dividend has been fixed as 21 April 2011. 

The quantum of dividend will be Rs 0.440 per unit for Individuals & HUF and Rs 0.411 per unit for Others. The scheme record NAV of Rs 34.4324 per unit as on 13 April 2011. 

FT India Dynamic PE Ratio Fund of Funds is an open ended Fund of Funds scheme which has the investment objective to provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds.