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Thursday, January 29, 2015

Escorts Tax Plan Announces Discontinuation of Dividend Reinvestment Option

With effect from 01 February 2015 

Escorts Mutual Fund has approved discontinuation of fresh subscriptions under dividend reinvestment option of Escorts Tax Plan, with effect from 01 February 2015. 

Consequently, no fresh subscription will be accepted under the reinvestment option of the scheme. After discontinuation of dividend reinvestment sub-option, the scheme will offer dividend and growth option where growth option is the default option. Dividend option will have only dividend payout as the sub-option.
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