15% div announced under Escorts Balanced Fund 02/02/2015

15% div announced under Escorts Balanced Fund
02/02/2015 11:00
Escorts Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “Escorts Balanced Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 3. The latest NAV of the scheme is Rs 19.51. The investment objective of the equity – balanced fund scheme is to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Archit Singhai is the fund manager of the scheme.