Escorts MF declares dividend under “Escorts Short Term Debt
Fund”
24/06/2014 11:08
Escorts Mutual Fund has announced 1.1000 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend is June 24. The latest NAV of the scheme was Rs 14.99. The investment objective of the debt-floaters scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt securities (including floating rate securitised debt, money market instruments and fixed rate debt instruments swapped for floating rate returns). The scheme shall also invest in fixed rate debt securities (including fixed rate securitised debt, money market instruments and floating rate debt instruments swapped for fixed returns). The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anuj Jain is the fund manager of the scheme.
24/06/2014 11:08
Escorts Mutual Fund has announced 1.1000 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend is June 24. The latest NAV of the scheme was Rs 14.99. The investment objective of the debt-floaters scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt securities (including floating rate securitised debt, money market instruments and fixed rate debt instruments swapped for floating rate returns). The scheme shall also invest in fixed rate debt securities (including fixed rate securitised debt, money market instruments and floating rate debt instruments swapped for fixed returns). The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anuj Jain is the fund manager of the scheme.
