Franklin Templeton Mutual Fund has announced a dividend of 30% (i.e. Rs 3.00 per unit on the face value of Rs.10) under the dividend option of FT India Balanced Fund. The record date for the dividend is May 23, 2007.
There shall be one day book closure in both- Growth and Dividend options of the fund on May 24, 2007. This would be the fourth dividend being declared by the fund since its inception.