Tata Mutual Fund has announced a dividend of 20% under the dividend option of Tata Growth Fund. The record date for the same has been fixed as August 25, 2006 and the ex-dividend date will be August 28, 2006.
This is the third dividend payout from the fund since its launch. Earlier it had declared a dividend of 11.25 per cent in March 1995 and 8 per cent in September 2004.
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