Several equity mutual funds have recently declared dividends of 30-40 per cent. Schemes like JM Equity Fund declared a dividend of around 42 per cent, while BOI AXA Equity Fund gave out 36.55 per cent dividend in March. Big schemes like SBI Magnum Comma Fund and Aditya Birla SL Pure Value Fund also released dividends of above 15 per cent this time.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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