L&T MF announces 13% div for L&T India Large Cap 16/12/2014

L&T MF announces 13% div for L&T India Large Cap
16/12/2014 10:50
L&T Mutual Fund has announced 13 per cent dividend under dividend payout option of scheme named as “L&T India Large Cap” on the face value of Rs 10 per unit. The record date for the dividend is December 19. The latest NAV of the scheme is Rs 18.09. The investment objective of the equity-diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives in the Indian markets. The fund can also additionally invest in foreign securities in international markets. The performance of the scheme is benchmarked against BSE 100 Index. Venugopal Manghat is the fund manager of the scheme.