LIC Index Fund - Sensex Advantage Plan declares dividend

LIC Mutual Fund has declared a dividend of 17.5% (Rs 1.75 per unit on a face value of Rs 10), under the dividend plan of LIC MF Index Fund - Sensex Advantage Plan. The record date for the dividend is January 29, 2010.

All investors registered under the dividend option of LIC MF Index Fund - Sensex Advantage Plan as on record date January 29, 2010 will receive this dividend. The NAV under the dividend plan of the scheme as on January 18, 2009 is Rs 10.373. (Check out - Recent MF Dividends)

LIC MF Index Fund - Sensex Advantage Plan is an open ended index linked equity scheme.  The objective of the scheme seeks to provide capital growth by investing in index stocks and growth stocks.

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