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Religare Tax Plan To Pay Dividend Of INR1 Per Unit



MUMBAI -(Dow Jones)- Religare Mutual Fund Monday declared a dividend of 10%, or INR1 a unit, under the dividend option of its Religare Tax Plan.

The record date for the dividend is Nov. 25, the Indian fund house said in a statement.

Religare Tax Plan is an open-ended, equity-linked savings scheme that invests mainly in equity and equity-related securities.

-By Shikhar Balwani, Dow Jones Newswires; +91 22 6145 6123; shikhar.balwani@ dowjones.com


  (END) Dow Jones Newswires
  11-23-090826ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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