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Canequity Diversified dividend

Our Bureau

KOCHI: Canbank Mutual Fund has declared a 25 per cent maiden dividend for its Canequity Diversified, an open-ended equity scheme.

The dividend was declared on the scheme, which has a face value of Rs 10 per unit under the income plan.

This maiden dividend distribution will be tax free in the hands of the investors, according to a statement issued by Canbank Mutual Fund.

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