L&T MF declares dividend under “L&T Midcap Fund” 27/08/2014

L&T MF declares dividend under “L&T Midcap Fund”
27/08/2014 11:06
L&T Mutual Fund has announced 25.0000 per cent dividend under dividend payout option of scheme named as “L&T Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is August 27. The latest NAV of the scheme is Rs 33.30. The investment objective of the open-ended equity scheme is to generate capital appreciation by investing primarily in midcap stocks. The performance of the scheme is benchmarked against CNX Midcap Index. Soumendra Nath Lahiri is the fund manager of the scheme.