L&T MF declared dividend on the face value of Rs 10 per unit under the dividend option of L&T Midcap Fund. The record date for dividend is August 8, 2012.
The quantum of dividend will be Rs 1 per unit, subject to availability of distributable surplus on the record date. The scheme recorded NAV of Rs 19.09 per unit as on August 1, 2012.
The investment objective of the scheme is to invest mainly in equity and equity related instruments with the objective of generating cap appreciation by investing primarily in mid cap stock.
Source : Accord Fintech
