Canara Robeco MF announces div under Canara Robeco Equity Tax Saver 09/10/2014


Canara Robeco MF announces div under Canara Robeco Equity Tax Saver
09/10/2014 11:47
Canara Robeco Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Canara Robeco Equity Tax Saver” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 24.57. The investment objective of the open-ended equity linked scheme is to achieve long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. The performance of the scheme is benchmarked against S&P BSE 100. Krishna Sanghavi is the fund manager of the scheme.