Franklin Templeton Investments (India), has announced a dividend of 30% (i.e. Rs 3 per unit on face value of Rs 10), in its – FT India Balanced Fund, an open end balanced scheme with an objective to provide long term growth of capital and current income by investing in equity, equity related securities and high quality fixed income instruments.
The last dividend announced by the scheme was of 25% in May 2006. Over the last one year, FT India Balanced Fund has yielded 13.41% as compared to 12.18% given by its benchmark Crisil Balanced Fund Index as on April 30, 2007.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment