Sep 01, 2010, 12.16 PM IST | Source:

Axis Tax Saver Fund declares maiden dividend

Axis Mutual Fund has announced dividend in Axis Tax Saver Fund, for which the record date has been fixed as August 31, 2010.

Axis Tax Saver Fund declares maiden dividend
Axis Mutual Fund has declared a maiden dividend of 10% (i.e. Rs 1.00 per unit on the face value of Rs 10 per unit) in Axis Tax Saver Fund. The record date for dividen is August 31, 2010.

All investors registered under the dividend option of the above schemes as on record date, will receive this dividend. The NAV under the dividend plan of the schemes as on August 31, 2010 was Rs 11.8496 (Check out - Recent MF Dividends)

Axis Tax Saver Fund is an open-ended equity-linked saving scheme (ELSS). The investment objective is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities.

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