L&T Financial Services Mutual Fund Notice
Notice is hereby given that –
1. L&T Mutual Fund Trustee Limited, The Trustee to L&T Mutual Fund (‘the Fund”) has fixed May 2, 2018 as the record date (“Record Date”) for the purpose of determining the list of beneficial owners/ unit holders and their eligibility to receive dividend that may be declared, subject to availability of distributable surplus, on the Record Date under the dividend payout option (“Option”) of the below mentioned schemes – as given under:
|Name of the scheme||Quantum of Dividend (Rs. per unit)||Face Value (Rs. per unit)||Net Asset Value (“NAV”) as on April 25, 2018 (Rs. per unit)|
|L&T FMP Series X – Plan M (1520 days) – Dividend Option – Direct Plan||Entire distributable surplus as on the Record Date||10||12.6214|
|L&T FMP Series X – Plan S (1500 days) – Dividend Option – Direct Plan||12.7008|
Pursuant to the payment of dividend, the NAV of the Option would fall to the extent of payout and statutory levy, (if any).
Beneficial owners/ unit holders are requested to note that the Schemes will mature on May 2, 2018 and accordingly, units shall be suspended from trading on the National Stock Exchange of India Limited i.e. the exchange where the Scheme is listed.
The dividend and maturity proceeds would be paid to the beneficial owners whose names appear in the statement of beneficial owners maintained by the depositories under the Scheme as at the close of business hours on the Record Date and to the unit holders holding units in physical from, whose names appear in the records of the Registrar and Transfer Agent as at the close of the business hours on the Record Date.
The Schemes currently have no investors under the dividend options of regular Plan.
2. Maturity of L&T FMP- Series X – Plan Q (1511 days) and Plan R (1506 days)
The beneficial owners/ unit holders of L&T FMP – Series X – Plan Q (1511 days) and Plan R (1506 days) (” the Schemes”) are requested to note that the Scheme will mature on May 2, 2018 and accordingly, units shall be suspended from trading on the National Stock Exchange of India Limited i.e. the exchange where the Schemes currently have no investors under the dividend options of direct and regular Plans.
For L&T Investment Management Limited
(Investment Manager to L&T Mutual Fund)
Chief Excutive Officer
Date: April 26, 2018
Source: Financial Express, Google
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