ING India Mutual Fund has announced 12 March 2008 as the record date for declaration of dividend under dividend option of ING Fixed Maturity Plan - Series XXVI.
The AMC plans to distribute entire appreciation in the NAV of dividend option from the date of allotment to 12 March 2008 as dividend. The NAV under the scheme is Rs 10.2159 as on 4 March 2008.
ING Fixed Maturity Plan - Series XXVI is a close -ended scheme offering an investment plan of 92 days maturity, investing in a portfolio of government securities or highly rated corporate bonds maturing close to maturity of the scheme so as to generate returns comparable with alternative fixed-income instruments of similar maturity. The scheme will invest in debt securities so as to minimise the impact of price fluctuation of such securities and the value at maturity.
No comments:
Post a Comment