Tata Mutual Fund has announced the declaration of dividend under periodic dividend option for Tata Fixed Horizon Fund-Series 12-Scheme A. The record date is set as 4 July 2008.
The AMC decided to distribute up to 100% of the net distributable surplus available on the record date will be distributed as dividend. The NAV for the scheme under regular quarterly dividend option was Rs.10.2104 and that of under institutional option was Rs 10.2103 as on 26 June 2008. Tata Fixed Horizon Fund-Series 12 -Scheme A was launched in May 2007.
It is a close-ended debt scheme with an aim of generating returns and / or capital appreciation along with minimization of interest rate risk by investing predominantly in a portfolio of debt and money market instruments.
The AMC decided to distribute up to 100% of the net distributable surplus available on the record date will be distributed as dividend. The NAV for the scheme under regular quarterly dividend option was Rs.10.2104 and that of under institutional option was Rs 10.2103 as on 26 June 2008. Tata Fixed Horizon Fund-Series 12 -Scheme A was launched in May 2007.
It is a close-ended debt scheme with an aim of generating returns and / or capital appreciation along with minimization of interest rate risk by investing predominantly in a portfolio of debt and money market instruments.
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