Baroda Pioneer MF Declares Dividend for ELSS ' 96

Baroda Pioneer Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of Baroda Pioneer ELSS ' 96. The record date for dividend has been fixed as 18 February 2011.

The quantum of dividend will be Rs. 1.50 per unit. The scheme recorded NAV of Rs. 24.25 per unit as on 11 February 2011.

Baroda Pioneer ELSS ' 96 has the investment objective to provide the investors, long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

Source: http://www.indiainfoline.com/Markets/News/Baroda-Pioneer-MF-Declares-Dividend-for-ELSS-96/3553396847