ING Vysya Mutual Fund has announced a dividend of 40 per cent (i.e. Rs 4.00 per unit on the face value of Rs. 10) under the dividend option of ING Vysya Tax Savings Fund. The record date for the same has been fixed as March 23, 2007.
This is the second dividend payout by the fund. Last year, the fund paid a dividend of 81 per cent in March 2006.