15% div announced under Union KBC Tax Saver Scheme 08/01/2015

15% div announced under Union KBC Tax Saver Scheme
08/01/2015 10:48
Union KBC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “Union KBC Tax Saver Scheme” on the face value of Rs 10 per unit.
The record date for the dividend is January 12. The latest NAV of the scheme is Rs 17.21.
The investment objective of the Equity-ELSS scheme is to generate income and long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
The performance of the scheme is benchmarked against BSE 100 Index. Ashish Ranawade is the fund manager of the scheme.