Tata Mutual Fund has declared dividend under its scheme Tata Contra Fund. The quantum of dividend decided for distribution will be Rs. 1 per unit on the face value of Rs. 10 per unit. The record date decided for declaration of dividend is 18th June, 2010. Tata Contra Fund is an open ended equity scheme with investment objective is to provide income distribution and medium to long term capital gains while at all times emphasizing the importance of capital appreciation. The scheme is managed by Mr. Sachin Relekar and benchmarked against CNX 500.
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