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Money > Business Headlines > Report November 18, 2002 | 1920 IST |
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Tata Liquid Fund declares dividendCapital Market Bureau Tata Mutual Fund has declared a dividend of Re 0.0267 per unit in Tata Liquid Fund. The record date for the same is 13 November 2002. Tata Liquid Fund is an open ended Debt Short Term scheme launched in August 1998. The minimum investment amount is Rs 30,000 and in multiples of Rs 10,000 thereafter. The fund focuses on paying regular weekly dividends under its regular income option and sustained growth under its appreciation option. The scheme invests mainly in government securities, good quality debentures and money market instruments. Tata TD Waterhouse Asset Management Private Limited is a Joint Venture between Tata group and Canadian Major TD Waterhouse. Tata Mutual Fund is sponsored by Tata Sons and Tata Investment Corporation. Tata Trustee Company, registered in 1995, is the trustee to the mutual fund.
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