16.5% div announced under IDFC Classic Equity Fund - DP 24/02/2015

16.5% div announced under IDFC Classic Equity Fund - DP
24/02/2015 10:11
IDFC Mutual Fund has announced 16.5 per cent dividend under dividend payout option of scheme named as “IDFC Classic Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 25. The latest NAV of the scheme is Rs 16.53. The investment objective of the equity - diversified scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity related instruments. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Ankur Arora is the fund manager of the scheme.