Tata MF announces 27.5% div under Tax Saving Fund 16/12/2014

Tata MF announces 27.5% div under Tax Saving Fund
16/12/2014 10:59
Tata Mutual Fund has announced 27.5 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 December 19. The latest NAV of the scheme is Rs 68.35. The investment objective of the 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.