FT India Dynamic PE Ratio Fund of Funds declares dividend

Franklin Templeton Investments (India), has announced a dividend of Rs.0.50 per unit (Face Value of Rs.10), in its open end  fund of funds - FT India Dynamic PE Ratio Fund of Funds (FTDPEF). All investors registered in the Dividend Option as on January 24, 2013 will receive this dividend. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).

The record date for the dividend is January 24, 2013 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of January 28, 2013 and unitholders will be allotted additional units for the dividend amount.