Lotus India MF declares dividend

Lotus India MF has announced the launch of Lotus India Fixed Maturity Plan - 3 Months - Series IV. It's a close-end debt fund. The dividend will be paid on the value of Rs. 10/- of the scheme The investment objective of Fixed Maturity Plan - 3 Months - Series IV is to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme