Canara Robeco Infrastructure Fund declares 10% dividend

All investors registered under the dividend option of the scheme as on July 15, 2009 will receive this dividend. The NAV under the dividend plan of the scheme as on July 10, 2009 was Rs 14.35.

Canara Robeco Infrastructure Fund, is an open ended equity scheme. The investment objective of the scheme is to generate income/capital appreciation by investing in equities and equity related instruments of companies in the infrastructure sector.

The last dividend announced by the scheme was of 20% in November 2006. Over the last one year,  Canara Robeco Infrastructure Fund has yielded 11.5% as compared to 0.17% given by its benchmark BSE 100 as on July 10, 2009.

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