Religare Invesco MF announces div under Arbitrage
Fund
07/11/2014 10:55
Religare Invesco Mutual Fund has announced 2.8 per cent dividend under dividend payout option of scheme named as “Religare Invesco Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend is November 7. The latest NAV of the scheme is Rs 12.78. The investment objective of the equity - diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Vetri Subramaniam is the fund manager of the scheme.
07/11/2014 10:55
Religare Invesco Mutual Fund has announced 2.8 per cent dividend under dividend payout option of scheme named as “Religare Invesco Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend is November 7. The latest NAV of the scheme is Rs 12.78. The investment objective of the equity - diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Vetri Subramaniam is the fund manager of the scheme.
