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 Balanced Fund. The record date for the same has been designated as December 7, 2007.
This counts to be the fifth dividend being declared by the fund since its launch. Earlier this year, the fund had already paid a 20% dividend.
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