IDFC Mutual Fund declares 0.8% dividend
28/04/2015 09:46
IDFC Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 29. The latest NAV of the scheme is Rs 12.79. The investment objective of the open ended equity diversified scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.
28/04/2015 09:46
IDFC Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 29. The latest NAV of the scheme is Rs 12.79. The investment objective of the open ended equity diversified scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.
