Saturday, May 23, 2009

Tata Fixed Investment Plan Series 4 Declares Dividend - May 23, 2009

Tata Mutual Fund has proposed to declare dividend under periodic dividend option of Tata Fixed Investment Plan Series 4 - Scheme B. 27 May 2009, is set as the record date. The quantum of dividend will be upto 100% of the returns generated between 28 January 2009 to 27 May 2009 subject to the availability of distributable surplus (i.e. net of dividend distribution tax and other statutory levy) available on the record date will be distributed as dividend on face value of Rs 10 per unit.

The NAV of the regular investment plan was at Rs 10.7193 per unit. The NAV of the high investment plan and super high investment plan was at Rs 10.7328 and Rs 10.7536 per unit respectively, as on 20 May 2009.

Tata Fixed Investment Plan Series 4 - Scheme B is a close ended debt fund with an aim to generate income and/or capital appreciation by investing in wide range of debt and money market instruments.

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