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Mutual Fund News for Today (March 18th 2010) -- Evening Edition

DIVIDEND
1.Franklin Templeton announces tax-free dividend.

Franklin Templeton Investments (India), one of the largest fund houses in the country, has announced a tax-free dividend of Rs 2.00 per unit, in its Franklin India Flexi Cap Fund. All investors registered in the dividend plan as on March 23, 2010 will receive this tax-free dividend.

News Source - ECONOMIC TIMES.

NEW FUND LAUNCH

2.Bharti AXA Fixed Maturity Plan - Series C - Plan 2.

This scheme is a Close Ended Income scheme. The new fund offer starts from 18th March 2010 to 26th March 2010.

News Source - AMFI.

 

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