Standard Chartered Mutual Fund has declared dividend for its two schemes namely Standard Chartered Fixed Maturity Plan-Quarterly Series 11 and Grindlays Super saver income fund- medium term plan (A).
For Standard Chartered Fixed Maturity Plan-Quarterly Series 11, the quantum of dividend will be the entire appreciation in net asset value of dividend plan/option available on record date. However for Grindlays Super saver income fund- medium term plan (A), the quantum of dividend will be Rs 0.15 per unit dividend together with statutory levies.
Standard Chartered Fixed Maturity Plan-Quarterly Series 11 launched with an objective to generate income by investing in portfolio of debt and money market instruments normally in line with the duration of the scheme.
Grindlays Super saver income fund- medium term plan (A) launched with an objective to generate stable returns with a low risk strategy by investing in good quality fixed income securities.
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