Axis Mutual Fund has announced dividend under its open ended tax saving scheme Axis Long Term Equity Fund. The quantum of dividend will be Rs 0.80 per unit on the face value of Rs 10 per unit. The record date for the dividend declaration has been fixed on August 7, 2012.
The investment objective of the scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities.
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