10% div announced under Motilal Oswal MOSt Focused Midcap 30 Fund - DP 03/03/2015

10% div announced under Motilal Oswal MOSt Focused Midcap 30 Fund - DP
03/03/2015 10:22
Motilal Oswal Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Motilal Oswal MOSt Focused Midcap 30 Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 4. The latest NAV of the scheme is Rs 19.92. The investment objective of the equity - diversified scheme is to achieve long term capital appreciation by investing in a maximum of 30 quality midcap companies having long-term competitive advantages and potential for growth. The performance of the scheme is benchmarked against CNX Midcap Index. Abhiroop Mukherjee is the fund manager of the scheme.