Franklin Templeton Mutual Fund has approved the declaration of dividend under dividend option of Franklin India High Growth Companies Fund. The quantum of declaration will be Rs 0.50 per unit.
The record date is July 22, 2011.
Franklin India High Growth Companies Fund launched in June 2007 has been rated as a 3-star fund in Equity Multi-Cap category as on June 30, 2011. The fund is ranked 19th out of 45 funds based on trailing 3-year performance as on July 15, 2011. This is the 2nd dividend declared by the fund, since its launch. Prior to this, it declared Rs 0.60 per unit dividend in September 2010.
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