With effect from 24 September 2014
L&T Mutual Fund has announced with effect from 24 September 2014, the new facility namely; Dividend Transfer Plan (DTP) will be introduced under dividend options under all the open-ended schemes of the fund except L&T Tax Advantage Fund, L&T Tax Saver Fund and L&T Emerging Business Fund, where in the said schemes can only be the source as per the applicable Net Asset Value (NAV).
Under the DTP facility, the unit holder/investor can opt to transfer the amount of dividend the unit holder / investor can opt to transfer the amount of dividend the unit holder / investor is eligible to receive under an open-ended scheme of the fund.
L&T Mutual Fund has announced with effect from 24 September 2014, the new facility namely; Dividend Transfer Plan (DTP) will be introduced under dividend options under all the open-ended schemes of the fund except L&T Tax Advantage Fund, L&T Tax Saver Fund and L&T Emerging Business Fund, where in the said schemes can only be the source as per the applicable Net Asset Value (NAV).
Under the DTP facility, the unit holder/investor can opt to transfer the amount of dividend the unit holder / investor can opt to transfer the amount of dividend the unit holder / investor is eligible to receive under an open-ended scheme of the fund.