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Templeton Mutual Fund Announces Dividends


Templeton Mutual Fund has announced dividends and bonus under the monthly dividend/bonus plans of four of its schemes - Templeton India Income Builder Account, FT India Monthly Income Plan, FT India Gilt Fund, Templeton India Short-Term Income Plan and Templeton India Treasury Management Account.

A dividend 1 per cent (Rs.0.10 per unit of face value of Rs.10) has been declared under the Monthly dividend plan of Templeton India Income Builder Account. A bonus ratio of 5:1000 has been announced under the Bonus Plan.

FT India Monthly Income Plan has announced a dividend of 0.65 per cent (Rs.0.065 per unit of face value of Rs.10) has been declared under the Monthly dividend plan. A bonus ratio of 5:1000 has been announced under the Bonus Plan.

In FT India Gilt Fund, a dividend of 0.5 per cent (Rs.0.05 per unit of face value of Rs.10) has been declared under the Monthly Dividend option of Liquid Plan. A bonus ratio of 8:1000 has been announced under the Bonus option of Investment Plan.

Templeton India Short Term Income Plan has declared a dividend of 0.6 per cent (Rs.6 per unit of face value of Rs.1000) under the Monthly dividend plan and a bonus ratio of 1:1000 under the Bonus Plan.

In Templeton India Treasury Management Account, a bonus ratio of 1:1000 has been announced under the Bonus Plan. All investments in this option as on April 28, 2003 are eligible for this dividend and the ex-dividend NAV date was April 29, 2003.

All investments in the above plans as on April 25, 2003 are eligible for this dividend and the ex-dividend NAV date would be April 28, 2003. For the bonus plan of Templeton India Short Term Income and Templeton India TMA, the record date would be April 28, 2003 and the ex-dividend/bonus NAV date would be April 29, 2003.