Taurus Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend option of Taurus Dynamic Income Fund, an open ended income scheme. The record date for dividend is June 22, 2012.
The quantum of dividend will be 100% of distributable surplus as on the record date over and above the base NAV of Rs 10.30 per unit.
The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in debt and money market instruments. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.
Source: Accord Fintech
