Mumbai: Canara Robeco Mutual Fund has declared dividend under its Canara Robeco Equity Taxsaver Fund. The record date for distribution of dividend is January 21, 2011.
The quantum of dividend decided for distribution is Rs 2 per unit on the face value of Rs 10.
Canara Robeco Equity Tax Saver Fund is an open ended equity ELSS scheme, with investment objective to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under section 80 C of the Income Tax Act, 1961.