Tata Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend option of Tata MIP plus- Half Yearly Dividend. The record date for dividend is September 18, 2012.
The gross rate of dividend will be Rs 0.4262 per unit on face value of Rs 10 each.
The investment objective of the scheme is to provide reasonable and regular income with possible capital appreciation to its unit holder.