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Chola MIP pays dividend

MUMBAI: Chola Mutual Fund has declared 0.65 per cent (0.065 per unit of Rs. 10), under the monthly dividend option of Chola MIP (monthly income plan), the record date being April 2. The objective of Chola MIP is to generate monthly income through investment in a range of debt, equity and money market instruments. The scheme has an uninterrupted dividend track record since inception, according to a release.

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