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Thursday, Mar 10, 2005

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Chola MF dividend on Mid-cap scheme

NEW DELHI: Chola Mutual Fund has declared a third dividend of 10 per cent on its Mid-cap scheme, which invests primarily in shares of companies that have a market capitalisation of Rs 300-3,000 crore.

Investors who are registered as unitholders as on March 14, would be eligible for the dividend, Chola said in a statement here onWednesday.

Launched in August 2004, Chola had declared a maiden 10 per cent on November 24, 2004 and a second dividend of 10 per cent on January 24, 2005.

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