All investors registered under the dividend option of the scheme as on March 22, 2010, will receive this dividend. The NAV under the dividend plan of the scheme as on March 17, 2010 was Rs 18.89. (Check out -Recent MF Dividends)
L&T Tax Advantage Fund - Series 1, is a 10 year close ended Equity Linked Saving Scheme, subject to a lock in a period of three years from date of allotment. The investment objective of the scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities and also enabling investors to get income tax rebate as per the prevailing tax laws and subject to applicable conditions.
