Dividend declared under Tata Floating Rate Fund - Long Term
14/05/2015 10:27
Tata Mutual Fund has announced 0.1016 per cent dividend under dividend payout option of scheme named as “ Tata Floating Rate Fund - Long Term” on the face value of Rs 1000 per unit.
The record date for the dividend is May 11. The latest NAV of the scheme is Rs 1018.34.
The investment objective of the open ended debt scheme is to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.
14/05/2015 10:27
Tata Mutual Fund has announced 0.1016 per cent dividend under dividend payout option of scheme named as “ Tata Floating Rate Fund - Long Term” on the face value of Rs 1000 per unit.
The record date for the dividend is May 11. The latest NAV of the scheme is Rs 1018.34.
The investment objective of the open ended debt scheme is to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.
