43% div announced under IDFC Premier Equity Fund - DP 04/05/2015

43% div announced under IDFC Premier Equity Fund - DP
04/05/2015 10:44
IDFC Mutual Fund has announced 43.46 per cent dividend under dividend payout option of scheme named as “IDFC Premier Equity Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is May 6. The latest NAV of the scheme is Rs 38.85.
The investment objective of the equity - diversified scheme is to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments.
The performance of the scheme is benchmarked against BSE 500 Index (500 Cos). Kenneth Andrade is the fund manager of the scheme.