JPMorgan Mutual Fund declares 1.80 pct Dividend

JPMorgan Mutual Fund declares 1.80 pct Dividend
20/04/2016

JPMorgan Mutual Fund has announced 1.80 per cent dividend under dividend payout option of scheme named as “JPMorgan India Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend will be 21st April 2016. The latest NAV of the scheme is Rs 16.11. The investment objective of the open ended equity diversified scheme is to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives. The performance of the scheme was benchmarked against S&P BSE 200. Harshad Patwardhan is the fund manager of the scheme.