1% div announced under BNP Paribas Dividend Yield Fund - Direct Plan 24/03/2015

1% div announced under BNP Paribas Dividend Yield Fund - Direct Plan
24/03/2015 10:49
BNP Paribas Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “BNP Paribas Dividend Yield Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 27. The latest NAV of the scheme is Rs 16.84. The investment objective of the open ended equity diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme was benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.