March 2 set as record date for div under “IDFC Premier Equity Fund - DP” 26/02/2015

March 2 set as record date for div under “IDFC Premier Equity Fund - DP”
26/02/2015 10:39
IDFC Mutual Fund has announced 45 per cent dividend under dividend payout option of scheme named as “IDFC Premier Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 2. The latest NAV of the scheme is Rs 39.08. The investment objective of the equity - diversified scheme is to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The performance of the scheme is benchmarked against BSE 500 Index (500 Cos). Kenneth Andrade is the fund manager of the scheme.