Franklin Templeton Mutual Fund has declared dividend under its open ended Templeton India Equity Income Fund. The record date for the dividend is September 13, 2013.
|
Name of the Scheme/Plan |
Amount of Dividend Per Unit (Rs.) |
Face Value Per Unit (Rs.) |
NAV per unit as on September 6, 2013 (Rs) |
|
Templeton India Equity Income Fund (TIEIF)– Dividend Plan |
0.70 |
10 |
12.3844 |
|
Templeton India Equity Income Fund (TIEIF) – Direct - Dividend Option |
0.70 |
10 |
12.4332 |
The scheme aims to provide a combination of regular income and long term capital appreciation by investing in equity and equity related instruments of Indian as well as overseas companies that have potentially attractive dividend yield. The fund follows value based approach of investing in order to take advantage of investment opportunities across various markets. Chetan Sehgal and Vikas Chiranewal are co-managing the fund.
