L&T Mutual Fund declares 1.1% Dividend
24/04/2015 09:37
L&T Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Frontline Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 27. The latest NAV of the scheme is Rs 18.01. The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education. The performance of the scheme was benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.
24/04/2015 09:37
L&T Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Frontline Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 27. The latest NAV of the scheme is Rs 18.01. The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education. The performance of the scheme was benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.
