Saturday, March 13, 2010 11:25 Hrs IST

Tata MF Declares Dividend For MIP Plus Fund

Record date for dividend is 18 March 2010

Tata Mutual Fund has declared dividend on the face value of Rs. 10 per unit under the quarterly and half yearly dividend option of Tata MIP Plus Fund. The record date for the dividend is set as 18 March 2010.

The quantum of the dividend is as follows:

Quarterly Dividend: Rs. 0.1479 per unit, NAV: Rs. 11.1837 per unit.

Half Yearly Dividend: Rs. 0.2992 per unit, NAV: Rs. 11.9886 per unit.

NAV of the above options is as on 11 March 2010.

Tata MIP Plus Fund is an open ended debt scheme, with an investment objective to provide reasonable & regular income along with possible capital appreciation to its unitholders.