1% Div announced under Indiabulls Arbitrage Fund DP
28/04/2015 09:49
Indiabulls Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Indiabulls Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.36. The investment objective of the open ended equity diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Sumit Bhatnagar is the fund manager of the scheme.
28/04/2015 09:49
Indiabulls Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Indiabulls Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.36. The investment objective of the open ended equity diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Sumit Bhatnagar is the fund manager of the scheme.
