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Pioneer ITI Gilt Announces First Dividend


Pioneer ITI Gilt Fund has announced a dividend of 2.25 per cent (Rs.0.225 per unit) under the monthly dividend option of Liquid Plan and 3 per cent (Rs.0.30 per unit) under the quarterly dividend option of Investment Plan. The record date for the same is March 27, 2002.

Both plans were launched in December last year. The Liquid Plan has posted a total return of 4.10 per cent whereas Investment Plan has delivered a total return of 6.2 per cent, as on March 26, 2002.