20% dividend declared under IDFC Sterling Equity Fund 12/03/2015

20% dividend declared under IDFC Sterling Equity Fund
12/03/2015 10:55
IDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “IDFC Sterling Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 16. The latest NAV of the scheme is Rs 20.53. The investment objective of the open ended equity diversified scheme is to seek to generate capital appreciation from a diversified portfolio of equity and equity related instruments. The performance of the scheme is benchmarked against CNX Midcap Index. Aniruddha Naha is the fund manager of the scheme.