13 Dec 2012
|Tata Mutual Fund has declared 0.1354 per cent dividend under weekly dividend payout option of scheme named as ‘Tata Liquid Fund - High Investment Plan’, on the face value of Rs 1000 per unit.
The record date for the dividend was December 11. The NAV of scheme as on December 12, 2012 was at Rs 1146.7631.
The investment objective of ‘Tata Liquid Fund - High Investment Plan’, an open ended liquid fund term scheme, is to create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unitholders.
The performance of the scheme is benchmarked against Crisil Liquid Fund Index and Marzban Irani is the fund manager of the scheme.