55 % div declared under Tata Ethical Fund 04/12/2014

55 % div declared under Tata Ethical Fund
04/12/2014 10:22
Tata Mutual Fund has announced 55 per cent dividend under dividend payout option of scheme named as “Tata Ethical Fund” on the face value of Rs 10 per unit. The record date for the dividend is December 05. The latest NAV of the scheme is Rs 68.62. The investment objective of the open ended equity-diversified scheme is to provide income distribution and / or medium to long term capital gains while at all times emphasising the importance of capital appreciation. The performance of the scheme is benchmarked against BSE Sensitive Index. Pradeep Gokhale is the fund manager of the scheme.