Monday, November 29, 1999

Tata Growth Fund clears 20 pct dividend

News posted by www.newsinfoline.com

This veteran fund, going as far back as June, 1994, is an equity diversified fund, with an enviable one-year return of 77 per cent.It has been beating the category average since March.Surprisingly, its top holdings are not too well known and include Oracle Fin Services Software, Exide Industries and Torrent Pharma.Its major exposure is to Pharma (15%), while financial and services sectors manage 11 per cent each.Tata Growth's quantum of declaration is 20 per cent, while the record date is May 14, 2010.

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