IDFC MF announces 22.5% div under IDFC Tax Advantage (ELSS) Fund - Direct Plan 12/02/2015

IDFC MF announces 22.5% div under IDFC Tax Advantage (ELSS) Fund - Direct Plan
12/02/2015 10:04
IDFC Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “IDFC Tax Advantage (ELSS) Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 16. The latest NAV of the scheme is Rs 20.06. The investment objective of the open ended equity-ELSS scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly Equity and Equity related securities. The scheme will invest in well-managed growth companies that are available at a reasonable value and offer a high return growth potential. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aniruddha Naha is the fund manager of the scheme.