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Fidelity Equity & Fidelity Tax Advantage Declare Re 1 Dividend Each

Fidelity Mutual Fund has announced dividend under the dividend option of Fidelity Equity Fund and Fidelity Tax Advantage Fund. The quantum of dividend for both the funds will be Rs. 1 per unit. Previously, Fidelity Equity Fund had declared a dividend of Rs. 1.5 per unit in January 2011. While, Fidelity Tax Advantage Fund had declared a dividend of Rs.1.5 per unit in December 2010.
The record date has been fixed as December 1, 2011.
Since its launch in April 2005, Fidelity Equity Fund has declared a dividend every year. However, Fidelity Tax Advantage Fund has declared three dividends in last 5 years.