Divident declared for Baroda Pioneer ELSS 96

Baroda Pioneer Mutual Fund has announced 22.5 percent dividend under dividend payout option of scheme named as “Baroda Pioneer ELSS 96” on the face value of Rs 10 per unit.

The record date for the dividend is February 23. The latest NAV of the scheme is Rs 34.82. The investment objective of the Equity - ELSS scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

The performance of the scheme is benchmarked against S&P BSE Sensex. Dipak Acharya is the fund manager of the scheme.

Text courtesy: Dion Global Solutions Ltd.