Franklin India Prima Plus to give 60% dividend
Franklin Templeton Investments (India) has announced a dividend of Rs 6 per unit (face value of Rs 10) in Franklin India Prima Plus, which invests in a diversified portfolio of wealth creating companies that generate a return on capital higher tha...
By INDIATIMES NEWS NETWORK |
MUMBAI: Franklin Templeton Investments (India) has announced a dividend of Rs 6 per unit (face value of Rs 10) in Franklin India Prima Plus, which invests in a diversified portfolio of wealth creating companies that generate a return on capital higher than their cost of capital.
All investors registered in the Dividend Plan as on Feb 13 will receive this tax-free dividend.
The fund has declared ten dividends in the last nine years.
The record date for the dividend is Feb 13.
Under the dividend reinvestment plan, the dividend declared will be reinvested in the fund at the NAV of Feb 15, and unitholders will be allotted additional units for the dividend amount.
Franklin India Prima Plus was launched in September 1994 as an open-end fund and currently manages over Rs 1,775 crore of assets for over 220,000 investors.
All investors registered in the Dividend Plan as on Feb 13 will receive this tax-free dividend.
The fund has declared ten dividends in the last nine years.
The record date for the dividend is Feb 13.
Under the dividend reinvestment plan, the dividend declared will be reinvested in the fund at the NAV of Feb 15, and unitholders will be allotted additional units for the dividend amount.
Franklin India Prima Plus was launched in September 1994 as an open-end fund and currently manages over Rs 1,775 crore of assets for over 220,000 investors.
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