Mumbai: Franklin Templeton Mutual Fund has announced a tax-free dividend of Rs. 1.50 per unit in Templeton India Growth Fund. All investors registered in the dividend plan of the fund as on December 30, 2011 will receive the dividend.
|
Name of the fund |
Amount of Dividend Per Unit (Rs.) |
Face Value Per Unit (Rs.) |
|
Templeton India Growth Fund |
1.50 |
10 |
The record date for the dividend is December 30, 2011 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plans, the dividend declared will be reinvested in the fund at the NAV of January 2, 2012 and unitholders will be allotted additional units for the dividend amount.
