Tata MF Declares Dividend

Tata Mutual Fund has declared the dividend on Tata fixed horizon fund series-3 Scheme F, dividend option.
The fund house has fixed 10 April 2007 as the record date for the dividend, pursuant to payment of which, the NAV would fall to the extent of dividend payout and statutory levy, if applicable. The entire surplus available on the record date will be distributed as dividend.

All unit holders holding units under the dividend option of the scheme on the record date shall be eligible for dividend.

The scheme aims at investing in debt and money market instruments.

Tata fixed horizon fund series-3 scheme F, dividend option doesn’t charge any entry load. However, there is an exit load of 1.50% if the units are redeemed before 14 months from the date of allotment.