Investing Can be Interesting & Financial Awareness: 2012)

Showing posts with label 2012). Show all posts

Forthcoming Dividends in Equity and Hybrid Funds (April 16, 2012 to April 20, 2012)

Dividend in Kotak Balanced Fund (record date March 26, 2012)

Dividend in Franklin India Flexi Cap fund (record date March 23, 2012)

Franklin Templeton Investments (India)has announced a tax-free dividend of Rs 2.00 per unit (face value of Rs10), in its Franklin India Flexi Cap Fund. All investors registered in the dividend plan as on March 23, 2012 will receive this tax-free dividend. (Pursuant to payment of dividend, the NAV of the fund would fall to the extent of payout.

The record date for the dividend is March 23, 2012 and any purchases on or before this date will be eligible for the dividend. Under the dividend reinvestment plan, the dividend declared will be reinvested in the fund at the NAV of March 25, 2012 and unit holders will be allotted additional units for the dividend amount.

Dividend History in Franklin India Flexi Cap Fund

Also Refer:

on line registration for franklin india flexicap fund

Dividend in Tata Equity Opportunities Fund (record date March 23, 2012)

Pursuant to payment of the dividend, the NAV of the scheme would fall to the extent of the payout and statutory levy (if applicable). All investors in the dividend option of the fund as on the closure of business hours on the record date will be eligible for dividend. Dividend distribution is subject to availability and adequacy of distributable surplus.

Board of Trustees reserves the right to restrict the quantum of dividend upto the per unit distributable surplus available on the record date in case of fall in the market.

Dividend in SBI Magnum Tax Gain Scheme (Record date March 22, 2012)

SBI Mutual Fund has announced a dividend of 35% (i.e. Rs 3.5 per unit on the face value of Rs 10) in SBI Magnum Tax gain Scheme. The record date for dividend is March 22, 2012. NAV as on 19th March,2012 – Rs. 35.00/-

When will you receive dividend

After record date, if you opted for direct credit then in such case will get credited within 7-8 working days in your bank account registered in that scheme, and in case of cheque payment it will take 10-15 working days.
This information (details) are available in account statement as which mode of payment is alloted to you.

Even i have investment in SBI Magnum tax Gain and have option of direct credit to my bank account. The SBI Magnum tax Gain dividend got credited in my bank account on March 28, 2012.

Update for 2013
Dividend in SBI Magnum Tax Gain Scheme (Record date March 28, 2013)
http://mutual-funds-personalfin.blogspot.in/2013/03/dividend-in-sbi-magnum-tax-gain-scheme_26.html

Dividend in Birla Sun Life Tax Relief 96 (record date March 23, 2012)

Birla Sun Life Mutual fund announced dividend under the dividend option of Birla Sun Life Tax Relief 96. The quantum of dividend will be Rs. 1.50 per unit.

The record date of dividend is March 23, 2012

Earlier, it declared a dividend of Rs.4 per unit in March 31, 2011.

The Nav of fund as on march 19, 2012 is 70.070

When will you receive dividend

After record date, if you opted for direct credit then in such case will get credited within 7-8 working days in your bank account registered in that scheme, and in case of cheque payment it will take 10-15 working days.
This information (details) are available in account statement as which mode of payment is alloted to you.

I have investment in BSL Tax Relief 96 and have option of direct credit to my bank account. The BSL Tax Relief 96 dividend got credited in my bank account on March 28, 2012.