15% Dividend declared by Canara Robeco Mutual Fund
14/11/2017 13:11
Canara Robeco Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “Canara Robeco Equity Tax Saver-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was November 10. The latest NAV of the scheme is Rs 39.48. The investment objective of the open ended equity scheme is to achieve long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. The performance of the scheme was benchmarked against S&P BSE 100. Yogesh Patil is the fund manager of the scheme.