28.5% div announced under Tata Tax Saving Fund 04/02/2015

28.5% div announced under Tata Tax Saving Fund
04/02/2015 10:37
Tata Mutual Fund has announced 28.5 per cent dividend under dividend payout option of scheme named as “Tata Tax Saving Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 71.89.
The investment objective of the open ended Equity – ELSS scheme is to provide medium to long term capital gains along with income tax relief to its unitholders while emphasizing the importance of capital appreciation.
The performance of the scheme is benchmarked against S&P BSE Sensex. Pradeep Gokhale is the fund manager of the scheme.