Franklin Templeton has announced tax-free dividend in its open end diversified equity fund focusing on mid & small cap companies - Franklin India Prima Fund. All investors registered in the Dividend Plan/Option as on June 24, 2016 will receive this dividend.
|
Name of the Scheme/Plan |
Amount of Dividend Per Unit (Rs.) |
Face Value Per Unit (Rs.)
|
NAV per unit as on June 16, 2016 (Rs.) |
|
Franklin India Prima Fund – Dividend Plan |
5.50 |
10 |
59.9708 |
|
Franklin India Prima Fund – Direct - Dividend Plan |
5.50 |
10 |
62.4515 |
The record date for the dividend is June 24, 2016 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of June 27, 2016 and unitholders will be allotted additional units for the dividend amount, says a press release issued by the company.
