Mumbai: Canara Robeco Mutual Fund has declared dividend under its Canara Robeco Tax Saver Fund. The record date for distribution of dividend is March 18, 2011.
The quantum of dividend decided for distribution is Rs 1 per unit on the face value of Rs 10.
Canara Robeco Tax Saver Fund is an open ended equity ELSS scheme with investment 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. The scheme is managed by Anand Shah. It is benchmarked against BSE 100.
