Franklin Templeton Investments (India) has announced tax-free dividend in Franklin India Balanced Fund (FIBF). All investors registered in the dividend plan as on March 23, 2018 will receive this dividend.
| Name of the Scheme/Plan |
Amount of Dividend Per Unit (Rs.) |
Face Value Per Unit (Rs.) |
NAV per unit as on March 15, 2018 (Rs) |
| Franklin India Balanced Fund – Dividend Plan |
2.00 |
10 |
23.0486 |
| Franklin India Balanced Fund – Direct - Dividend Plan |
2.00 |
10 |
24.5882 |
The record date for the dividend is March 23, 2018 and any purchases on or before this date will be eligible for the dividend. If in any case the record date falls on a non-Business day, the immediately following business day shall be the record date.
Under the dividend reinvestment plan, the dividend declared will be reinvested in the fund at the NAV of next business day after the record date and unitholders will be allotted additional units for the dividend amount.
