Franklin Templeton Investments (India) Mutual Fund has announced dividend under the dividend option of Franklin India Flexi Cap Fund, an open-ended diversified equity fund. The dividend declared is Rs. 1.50 per unit on the face value of Rs. 10. All investors registered in the dividend plan as on 29 July 2009 will receive this tax-free dividend.
The record date for the dividend is 29 July 2009 and any purchases on or before this date will be eligible for the dividend Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of 31 July 2009 and unit holders will be allotted additional units for the dividend amount.
Franklin India Flexi Cap Fund was launched in March 2005 and currently manages above Rs. 2158 crore of assets for over 3.91 lakh investors.
Franklin India Flexi Cap Fund seeks to provide medium to long-term capital appreciation by investing in stocks across the entire market capitalization range.
The record date for the dividend is 29 July 2009 and any purchases on or before this date will be eligible for the dividend Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of 31 July 2009 and unit holders will be allotted additional units for the dividend amount.
Franklin India Flexi Cap Fund was launched in March 2005 and currently manages above Rs. 2158 crore of assets for over 3.91 lakh investors.
Franklin India Flexi Cap Fund seeks to provide medium to long-term capital appreciation by investing in stocks across the entire market capitalization range.
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