Tata 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 Tata Pure Equity Fund. The record date for the same has been fixed as June 1, 2007.
Fund has declared this dividend after a gap of 16 months. In January 2006, a dividend of 10% was paid by the fund.