FT India Balanced Fund declares dividend

Franklin Templeton Investments (India), has declared a dividend of 30% (Rs. 3 per unit on Face Value of Rs.10) under the dividend option of FT India Balanced. The record date for dividend has been fixed as May 20, 2011.

All investors registered in the Dividend Plan of the above scheme as on May 20, 2011 will receive the dividend. The NAV of the scheme as on May 13, 2011 under the dividend option was Rs. 20.825. (Check out -Recent MF Dividends)

FT India Balanced is an open ended balanced scheme with an objective to provide long term growth of capital and current income by investing in equity, equity related securities and high quality fixed income instruments.

For more Mutual Fund Newsclick here