Mumbai: Sahara Mutual Fund has declared dividend under its Sahara Tax Gain Fund. The record date for distribution of dividend is March 1, 2011.
The quantum of dividend decided for distribution is Rs 2.50 per unit on the face value of Rs 10.
Sahara Tax Gain Fund is an open ended ELSS Scheme with investment objective to provide immediate tax relief and long-term growth of capital by investing in equity and equity related instruments. The scheme is managed by A N Sridhar. It is benchmarked against BSE 200.