20% div announced under Franklin India Smaller Companies Fund 20/02/2015

20% div announced under Franklin India Smaller Companies Fund
20/02/2015 10:27
Franklin Templeton Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Franklin India Smaller Companies Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 26.57. The investment objective of the closed end diversified equity fund scheme is to provide long term capital appreciation by investing in mid and small cap companies. Equities and equity-linked instruments. The performance of the scheme is benchmarked against CNX Midcap Index. Roshi Jain is the fund manager of the scheme.