JM Financial MF Declares Dividend For Two Schemes

JM Financial Mutual Fund has announced 18 January 2008 as the record date for the declaration of dividend under dividend option of JM Arbitrage Advantage Fund and JM Equity and Derivative Fund. The fund house has declared a dividend of 2.00% i.e. Rs 0.20 per unit on face value of Rs 10 - for JM Arbitrage Advantage Fund. It has also declared a dividend of 2.00% inclusive of dividend distribution tax i.e. Rs 0.20 per unit on face value of Rs 10 -for JM Equity and Derivative Fund. The record date for both the scheme has been fixed as 18 January 2008.