Chola MIP declares 0.61% monthly dividend

Mumbai: Chola Mutual Fund has declared 0.61 per cent dividend for individual investors and HUF (Rs 0.06 per unit of Rs 10) and 0.57 per cent dividend for investors other than individuals & HUF. (Rs 0.05 per unit of Rs 10) in the monthly dividend option for the period ending February 2005.

The record date word dividends is February 25, 2005.

Chola Mutual Fund is promoted by Cholamandalam Investment & Finance Co Ltd. — the financial services arm of the INR 52 billion Murugappa Group.