Axis Mutual Fund declares dividend in two of its schemes

Axis Mutual Fund has approved the declaration of dividend under the quarterly dividend option of Axis Income and Axis FTP-Series 1 (384 days) Funds.

The quantum of declaration is 1.0 per cent under Axis Income and 1.8 per cent Axis FTP-Series 1 (384 days). The record date is September 27, 2010.