Franklin Templeton MF Declares Dividend For Franklin India Tax Shield Fund

Franklin Templeton Mutual Fund has declared dividend on the face value of Rs 10 per unit under Franklin Templeton Tax Shield Fund.

The record date for the dividend has been set as January 14, 2011.

The dividend will be Rs 4.00 per unit as on the record date. The NAV of the scheme as on January 7, 2011 stood at Rs 35.1590 per unit.

Franklin India Tax Shield Fund is an open end equity linked savings scheme with an investment objective to provide medium to long-term growth of capital along with income tax rebate.

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