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Tata MF declares dividend under Tata Tax Savings Fund

Time - 03/02/2012 : 12:40

Tata Mutual Fund has declared dividend under dividend option of Tata Tax Savings Fund.

The quantum of dividend will be Rs 1.50 per unit as on record date. The record date for dividend has been fixed as February 8, 2012. The scheme recorded NAV of Rs 42.0310 per unit as on February 1, 2012.

Tata Tax Savings Fund is an open ended equity linked savings scheme which has the investment objective to provide medium to long term capital gains along with income tax relief to its unitholders, while at all times emphasizing the importance of capital appreciation.

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