Mirae Asset Mutual Fund has announced 9.5000 per cent dividend under dividend payout option of scheme named as “Mirae Asset Tax Saver Fund” on the face value of Rs 10 per unit.

The record date for the dividend was January 16. The latest NAV of the scheme is Rs 15.70.

The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments.

The scheme is benchmarked against Nifty 200 Total Return. Neelesh Surana is the fund manager of the scheme.