Tuesday, January 31, 2012

Dividend in Franklin India Taxshield

Franklin Templeton declares the annual dividend in Franklin India Taxshield (FIT).

Launched in April 1999, the fund with its predominantly large cap focus has delivered good performance and is amongst the top ELSS products in the country. It manages over Rs.740 crore for over 2.28 lakh investors.

FIT is ideal for investors seeking capital appreciation and tax savings (Upto Rs.1 lakh investment under Sec 80 C). The details are:

Quantum : Rs.3.00 per unit

Record Date : February 3, 2012 (Friday)

Ex-dividend NAV Date : February 6, 2012 (Monday)

NAV of Div Plan as on 27th Jan 2012 : INR 29.4406

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Cnsultants Pvt Ltd

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