Fund News

25% Dividend in Fidelity Equity Fund

Fidelity Mutual Fund has announced a dividend of 25% (i.e. Rs 2.50 per unit on the face value of Rs.10) under dividend option of Fidelity Equity Fund. The record date for the same has been fixed as April 30, 2007.

This is the second dividend payout from the fund since its launch. Last year in March, the fund paid 20% dividend.

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