Franklin Templeton Mutual Fund has approved the declaration of dividend under dividend option of Franklin India Prima Fund. The quantum of declaration will be Rs 6 per unit. The record date is June 17, 2011.
Franklin India Prima Fund launched in November 1993 has been rated as a 3-star fund in Equity-Mid & Small Cap category, as on May 31, 2011. The fund is ranked 19th out of 34 funds based on a trailing 5-year performance, as on June 10, 2011. This is the 14th dividend declared by the fund since its launch. Prior to this, it declared Rs 8 per unit dividend in June, 2010.