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Escorts Income Plan Pays Monthly Dividend

Escorts Income Plan has paid a monthly dividend of 0.8 per cent (Rs 0.08 per unit). The record date for the same was February 21, 2002. The current payout is lower than the previous dividend of 0.9 per cent. In the calendar year 2001, the fund has paid an aggregate dividend of 9.75 per cent spread over twelve consecutive payments.

Launched in May 1998, the fund currently commands one-third of the AMC's corpus.