Lotus India Mutual Fund announced the declaration of dividend under the dividend option of Lotus India Fixed Maturity Plan - 3 Months - Series X. The fund house has notified September 5, 2007 as the record date for the purpose of declaring dividend.
The fund house will declare the actual distributable surplus available as on the record date as dividend and the same shall be compulsorily reinvested. The dividend is being declared on a face value of Rs. 10/- per unit. NAV of Dividend option as on 27 August 2007 was Rs. 10.1943.
Lotus India Fixed Maturity Plan 3 Months Series X is a close-ended debt scheme that seeks to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment