IDFC MF announces 0.9% div for its Arbitrage Plus Fund
26/11/2014 10:48
IDFC Mutual Fund has announced 0.90 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Plus Fund” on the face value of Rs 10 per unit.
The record date for the dividend is November 27. The latest NAV of the scheme is Rs 11.98.
The investment objective of the equity-diversified scheme is to generate income (absolute to low volatility returns) by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.
The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.
26/11/2014 10:48
IDFC Mutual Fund has announced 0.90 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Plus Fund” on the face value of Rs 10 per unit.
The record date for the dividend is November 27. The latest NAV of the scheme is Rs 11.98.
The investment objective of the equity-diversified scheme is to generate income (absolute to low volatility returns) by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.
The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.
