Saturday, March 13, 2010 11:39 Hrs IST

Tata MF Declares Dividend For Gilt Securities 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 dividend option in regular income and high investment plan of Tata Gilt Securities Fund. The record date for the dividend is set as 18 March 2010.

The quantum of the dividend for regular income plan & high investment plan is Rs. 0.1233 per unit as on the record date. The NAV of regular income plan was at Rs. 11.9541 per unit and Rs. 12.3466 per unit for high investment plan as on 11 March 2010.

Tata Gilt Securities Fund is an open ended dedicated government securities fund, with an investment objective to generate risk free return & thus provide medium to long term capital gains & income distribution to its unitholders while emphasizing the importance of capital preservation.