Franklin Templeton Investments (India), has declared a dividend of 30% (Rs 3.00 per unit on Face Value of Rs 10) in its open end fund of funds scheme – FT India Dynamic PE Ratio Fund of Funds (FTDPEF). All investors registered in the Dividend Plan as on November 11, 2009 will receive the dividend. (Check out - Recent MF Dividends )

The record date for the dividend is November 11, 2009 and any purchases on or before this date will be eligible for the dividend. There will be a one-day book closure in the growth and dividend plans on November 12, 2009 and the Fund will reopen for ongoing purchases and redemptions on November 13, 2009.

FT India Dynamic PE Ratio Fund of Funds (FTDPEF), is a its open end fund of funds scheme. The objective of the scheme to provide long term capital appreciation with relatively lower volatility through a dynamically balanced portfolio of equity and income funds.

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