Franklin Templeton Investments (India), one of the largest fund houses in the country has announced dividend in Franklin India Dynamic PE Ratio Fund of Funds (FIDPEF). The record date for the dividend is Jul. 31, 2015 and any purchases on or before this date will be eligible for the dividend.
Name of the Scheme / Plan | Amount of Dividend Per Unit (Rs) | Face Value Per Unit (Rs) | NAV per unit as on May 21, 2014 (Rs) |
Franklin India Dynamic PE Ratio Fund of Funds - Dividend Plan | 0.85 | 10 | 39.7100 |
Franklin India Dynamic PE Ratio Fund of Funds - Direct-Dividend Plan | 0.85 | 10 | 40.6514 |
Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of Aug. 3, 2015 and unit holders will be allotted additional units for the dividend amount. Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy (as applicable).