Tuesday, July 7, 2009

Tata Life Sciences And Technology Fund Offers Dividend - July 07, 2009

Tata Mutual Fund has declared dividend under dividend option of Tata Life Sciences & Technology Fund. The record date for the dividend distribution is set as July 10, 2009. The quantum of dividend will be Rs 20% i.e. Rs 2.00 per unit on face value of Rs 10 per unit. The NAV of the scheme was at Rs 26.1554 per unit as on July 2, 2009.

Tata Life Sciences & Technology Fund is an open-ended equity fund, with an investment objective to medium to long term capital gains and/or income distribution along with capital gains tax relief to its unitholder, while at all times emphasizing the importance of capital appreciation.

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