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Div declared for L&T Tax Advantage Fund


19 Dec 2014
L&T Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “L&T Tax Advantage Fund” on the face value of Rs 10 per unit.

The record date for the dividend was December 12. The latest NAV of the scheme is Rs 24.74.

The investment objective of the Equity-ELSS scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Soumendra Nath Lahiri is the fund manager of the scheme.

Source: Dion Global    Type: Mutual Fund Review