Mumbai:
Chola
Mutual Fund has declared 0.50 per cent dividend (Rs
0.050 per unit of Rs 10) in the monthly dividend option
of Chola MIP with the record date being May 25, 2004.
The objective of Chola MIP is to generate monthly income
through investment in a range of debt, equity and money
market instruments. Chola MIP has an uninterrupted dividend
track record since inception.
Chola MIP is benchmark against the CRISIL MIP Blended
Index. The fund is positioned on the principles of safety,
stable returns and liquidity.
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