IDFC MF declares 40% div under IDFC Equity Opportunity - Series 1 19/03/2015

IDFC MF declares 40% div under IDFC Equity Opportunity - Series 1
19/03/2015 11:33
IDFC Mutual Fund has announced 40 per cent dividend under dividend payout option of scheme named as “IDFC Equity Opportunity - Series 1” on the face value of Rs 10 per unit. The record date for the dividend is March 23. The latest NAV of the scheme is Rs 14.57. The investment objective of the close ended equity diversified scheme is to seek to generate capital appreciation from a portfolio that is invested in equity and equity related securities of companies. The performance of the scheme is benchmarked against S&P BSE 500. Kenneth Andrade is the fund manager of the scheme.