Franklin Templeton Mutual Fund declares 6.13 pct Dividend

Franklin Templeton Mutual Fund declares 6.13 pct Dividend
21/04/2016

Franklin Templeton Mutual Fund has announced 6.13 per cent dividend under dividend payout option of scheme named as “Franklin India Dynamic PE Ratio Fund of Funds - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend will be 22nd April 2016. The latest NAV of the scheme is Rs 38.43. The investment objective of the Open ended Dividend scheme is to provide long-term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds. The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Anand Radhakrishnan is the fund manager of the scheme.