Tata Mutual Fund has declared dividend on the face value of Rs 10 per unit under Tata Income plus Fund - Income / Bonus Option. The record date for dividend is June 18, 2012. The quantum of dividend will be Rs 0.1870 per unit for Plan A & Plan B
The investment objective of the scheme is to provide income / bonus distribution and / or medium to long term capital gains while at all times emphasising the importance of safety and capital appreciation. The scheme will be invested only in debt and Money Market Instruments. There will be no equity component in the scheme.
Source: Accord Fintech