Canbank MF Declares 50% Dividend For CanExpo Scheme

Kochi: Canbank Mutual Fund has announced an income distribution of 50 per cent for its CanExpo scheme, which has a face value of Rs 10. The record date for the income distribution for this open-ended equity-oriented specific-sector scheme has been fixed as May 29. The investment objective of the scheme has been to get capital appreciation by predominantly infusing in companies with substantial foreign exchange earnings.