7% div announced under BOI AXA Equity Fund 16/12/2014

7% div announced under BOI AXA Equity Fund
16/12/2014 10:41
BOI AXA Mutual Fund has announced 7 per cent dividend under dividend payout option of scheme named as “BOI AXA Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is December 18. The latest NAV of the scheme is Rs 19.21. The investment objective of the equity-diversified scheme is to generate income and long-term capital appreciation through a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, across all market capitalizations. The performance of the scheme is benchmarked against NSE Index. David Pezarkar is the fund manager of the scheme.