Lotus India Mutual Fund has announced a maiden dividend of 15% (i.e. Rs 1.50 per unit on the face value of Rs. 10) under the dividend option of Lotus India Tax Plan. The record date for the same has been fixed as January 28, 2008.
This open-ended ELSS fund was the first equity scheme launched by Lotus India AMC in November 2006 and it has delivered a return of 35.88% so far.
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