Fidelity announces dividends in two schemes
Fidelity Fund Management announced dividends in its two schemes - the Fidelity Equity Fund and the Fidelity Tax Advantage Fund.
By PTI |
MUMBAI: Fidelity Fund Management announced dividends in its two schemes - the Fidelity Equity Fund and the Fidelity Tax Advantage Fund.
The dividend in the Fidelity Equity Fund is Rs 2.50 per unit (face value of Rs 10 per unit) and the maiden dividend in the Fidelity Tax Advantage Fund is Rs 1.50 per unit (face value of Rs 10 per unit), both subject to availability of distributable surplus, a statement said.
All investors, registered in the dividend option of the two funds as on March 13, will be entitled to this dividend which will be tax-free in the hands of the investors.
The dividend in the Fidelity Equity Fund is Rs 2.50 per unit (face value of Rs 10 per unit) and the maiden dividend in the Fidelity Tax Advantage Fund is Rs 1.50 per unit (face value of Rs 10 per unit), both subject to availability of distributable surplus, a statement said.
All investors, registered in the dividend option of the two funds as on March 13, will be entitled to this dividend which will be tax-free in the hands of the investors.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
