Saturday, June 28, 2008

Tata MF Declares Dividend Under Dynamic Bond Fund - June 28, 2008

Tata Mutual Fund has announced the declaration of dividend under dividend option for Tata Dynamic Bond Fund - Option A. The record date is set as 2 July 2008. The AMC decided to distribute up to 100% of the net distributable surplus generated between 2 June 2008 to 2 July 2008 available on the record date will be distributed as dividend. The NAV for the scheme under dividend option was Rs.10.6346 as on 25 June 2008. Tata Dynamic Bond Fund - Option A is an open-ended debt scheme with an aim to create a liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unit holders.

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