Fund News

L&T Ultra ST declares 5 bonus units

L&T Mutual Fund has announced bonus under the bonus option of L&T Ultra ST Direct-Bonus and L&T Ultr

L&T Mutual Fund has announced bonus under the bonus option of L&T Ultra ST Direct-Bonus and L&T Ultra ST-Bonus. Investors in the scheme will receive 5 bonus units for every 6 units held.

The fund house has also announced dividend under the dividend option of L&T India Equity & Gold-D and L&T India Equity & Gold Direct-D. The quantum of dividend shall be ₹1.5 per unit.

The dividend option of L&T FMP Series X Plan D Direct-D also declares dividend. The quantum of dividend will be the entire distributable surplus as on the record date. The scheme also gets a roll over for 788 days. Now, the scheme will mature on March 20, 2017.

The record date has been fixed as January 22, 2015.



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