Franklin to give dividend on Bluechip Fund

MUMBAI: Asset management company Franklin Templeton Investments (India) on Thursday announced giving dividend on its diversified equity fund, Franklin India Bluechip Fund.

The company is offering a dividend of Rs 7 per unit on the face value of Rs 10, a release here stated.

All investors registered in the Dividend Plan as on January 9 will receive the dividend. Pursuant to payment of dividend, the net asset value of the fund would fall to the extent of payout.