LIC Nomura MF announces 11.5% div for its Tax Plan - DP 12/12/2014

LIC Nomura MF announces 11.5% div for its Tax Plan - DP
12/12/2014 10:32
LIC Nomura Mutual Fund has announced 11.5 per cent dividend under dividend payout option of scheme named as “LIC Nomura MF Tax Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December 16. The latest NAV of the scheme is Rs 17.15. The investment objective of the Equity-ELSS scheme is to provide capital growth alongwith tax rebate and tax relief u/s 80 C to our investors through Prudent Investments in the stock market. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Nobutaka Kitajima is the fund manager of the scheme.