IDFC Mutual Fund has declared dividend under the dividend option of IDFC Fixed Maturity Plan-Monthly Series 5 (IDFC -FMP-MS5). The fund house has decided to distribute entire appreciation in Net Asset Value (NAV) of dividend option since inception until 23 October 2008 as dividend subject to availability of distributable surplus. Record date for the purpose of declaring dividend has been fixed as 23 October 2008.
IDFC Fixed Maturity Plan-Monthly Series 5 (IDFC -FMP-MS5) is close ended income scheme with an objective to generate income by investing in a portfolio of debt and money market instruments maturing in line with the duration of the scheme.
IDFC Fixed Maturity Plan-Monthly Series 5 (IDFC -FMP-MS5) is close ended income scheme with an objective to generate income by investing in a portfolio of debt and money market instruments maturing in line with the duration of the scheme.
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