Tata Mutual Fund has announced a dividend of 10% (i.e. Rs 1.00 per unit on the face value of Rs. 10) under the dividend option of Tata Equity Opportunities Fund. The record date for the same has been fixed as June 29, 2007.
Fund has declared this dividend after a gap of 12 months. In May 2006, same quantum of dividend was paid by the fund.