IDFC Mutual Fund has announced 3 November 2008 as the record date for declaration of dividend under dividend option of IDFC Fixed Maturity Plan-Quarterly Series 32. The AMC plans to distribute entire appreciation in the NAV of dividend option since inception until 3 November 2008 as dividend. IDFC Fixed Maturity Plan- Quarterly Series 32 is a close-ended income scheme. The investment objective of the schemes is to seek generate income by investing in a portfolio of debt and money market instruments.
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