Mumbai: Taurus Mutual Fund has declared dividend to holders of units in Taurus Tax Shield Fund. The quantum of dividend decided for distribution is Rs 1.25 per unit on the face value of Rs 10.
The record date for distribution of dividend is February 28, 2011.
Taurus Tax Shield Fund is an open ended equity ELSS scheme with investment objective to generate long-term capital appreciation over the life of the scheme through investment pre-dominantly in equity shares, besides tax benefits. The scheme is managed by Sadanand Shetty. It is benchmarked against BSE 200.
