Lotus India MF declares dividend

Distribution of dividend is subject to availability and adequacy of distributable surplus.

MUMBAI: Lotus India AMC on Friday declared dividend of Rs 10 per unit under the dividend option of Lotus India Fixed Maturity Plan-3 Months-Series XII to shareholders of record October 2.

Distribution of dividend is subject to availability and adequacy of distributable surplus, the company said in a release today.

The fund will declare the actual distributable surplus available as on the record date as dividend and the same shall be compulsorily re-invested.

The net asset value of the dividend option as on September 24 was Rs 10.1739.
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