50% div announced under L&T Tax Advantage Fund - DP 10/12/2014

50% div announced under L&T Tax Advantage Fund - DP
10/12/2014 10:26
L&T Mutual Fund has announced 50 per cent dividend under dividend payout option of scheme named as “L&T Tax Advantage Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is December 12. The latest NAV of the scheme is Rs 26.66.
The investment objective of the Equity-ELSS scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Soumendra Nath Lahiri is the fund manager of the scheme.