Fund News

25% Dividend under Tata Life Sciences and Technology Fund

Tata Mutual Fund has announced a dividend of 25% (i.e. Rs 2.50 per unit on the face value of Rs. 10)

Tata Mutual Fund has announced a dividend of 25% (i.e. Rs 2.50 per unit on the face value of Rs. 10) under the dividend option of Tata Life Sciences and Technology Fund. The record date for the same has been fixed as April 27, 2007.

It’s a fourth dividend pay-out by the fund since its inception. Few months back, the fund paid the same quantum of dividend.

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