
Tata Mutual Fund has announced a dividend of 20 per cent (i.e. Rs 2 per unit on the face value of Rs 10) under the dividend option of Tata Infrastructure Fund. The record date for the same has been fixed as March 9, 2007.
Earlier, the fund has paid two dividends: a 15 per cent dividend in November 2006 and a 4.50 per cent dividend in July 2005.