Taurus Mutual Fund has approved the declaration of dividend under dividend option of Taurus Tax Shield Fund. The quantum of declaration will be Rs 1.25 per unit.
The record date is March 30, 2011.
Taurus Tax Shield launched in March 1996 is an Equity Tax Planning Fund. It has been rated as a 4-star fund as on February 28, 2011. This fund has also been ranked number 3 out of 26 funds on its 5-year trailing performance as on March 25, 2011. This is the 13th dividend declared by the fund since its launch. Prior to this, it declared a dividend of the same quantum in February 2011.