LIC Mutual Fund declares dividend under Growth Fund
LIC Mutual Fund declared a dividend of 15%, under the dividend option of LIC MF Growth Fund.
The fund house fixed Oct. 30, 2007, as the record date for the payment of dividend of Rs 1.50. Pursuant to payment of which, the NAV will fall to the extent of dividend payout and statutory levy, if applicable.
All unit holders registered on or before the record date would be eligible to receive the dividend. The NAV of the scheme stood at Rs 12.74 as on Oct. 25, 2007.
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