Religare Tax Plan declares dividend

Religare Mutual Fund has declared a dividend of 7.5% (Rs. 0.75 per unit on Face Value of Rs.10) under dividend option of Religare Tax Plan. The record date for dividend has been fixed as March 30, 2011.

All investors registered in the dividend plan of Religare Tax Plan as on March 30, 2011 will receive this dividend. The NAV of the scheme as on March 25, 2011 under the dividend option was Rs. 12.11. (Check out -Recent MF Dividends) 

Religare Tax Plan is an open ended equity linked savings scheme. The investment objective is to generate long term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

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