Edelweiss MF announces 5% div under Edelweiss ELSS Fund 09/03/2015

Edelweiss MF announces 5% div under Edelweiss ELSS Fund
09/03/2015 10:15
Edelweiss Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Edelweiss ELSS Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 9. The latest NAV of the scheme is Rs 18.71. The investment objective of the open ended equity – ELSS scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. The performance of the scheme is benchmarked against CNX Nifty Index. Paul Parampreet is the fund manager of the scheme.