Div declared under Edelweiss Absolute Return Fund 21/04/2015

Div declared under Edelweiss Absolute Return Fund
21/04/2015 09:53
Edelweiss Mutual Fund has announced 2.2 per cent dividend under dividend payout option of scheme named as “Edelweiss Absolute Return Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 22. The latest NAV of the scheme is Rs 13.86.
The investment objective of the open ended equity diversified scheme is to generate absolute returns with low volatility over a longer tenure of time by investing in arbitrage opportunities and debt and money market instruments on one hand and in pure equity investments and equity derivatives strategies on the other.
The performance of the scheme was benchmarked against Crisil MIP Blended Index. Ashish Sahay is the fund manager of the scheme