5% div declared under JPMorgan India Mid and Small Cap Fund - DP 18/03/2015

5% div declared under JPMorgan India Mid and Small Cap Fund - DP
18/03/2015 10:50
JP Morgan Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “JPMorgan India Mid and Small Cap Fund - Direct Plan ” on the face value of Rs 10 per unit.
The record date for the dividend is March 20. The latest NAV of the scheme is Rs 19.88.
The investment objective of the open ended equity diversified scheme is to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities focused on smaller companies.
The performance of the scheme was benchmarked against CNX Midcap Index. Harshad Patwardhan is the fund manager