JM Financial Mutual Fund has declared dividend under dividend option of JM Fixed Maturity Fund -Series XIV-Monthly Plan 1. The record date for the dividend is 17 November 2008. The fund house has decided to offer dividend for both regular and institutional plans of the scheme. The quantum of dividend will be the realized appreciation in the NAV of the plan/option till the record date.The NAV for the JM FMF - Series XIV-Monthly Plan 1 under regular plan is Rs 10.0874 per unit and under Institutional plan is Rs 10.0883 per unit as on 11 November 2008.
JM FMF- Series XIV-Monthly Plan 1, is a close-ended income scheme and was launched in October 2008 with an investment objective of generating regular returns through investments in fixed income securities normally maturing in line with the time profile of the monthly plan.
JM FMF- Series XIV-Monthly Plan 1, is a close-ended income scheme and was launched in October 2008 with an investment objective of generating regular returns through investments in fixed income securities normally maturing in line with the time profile of the monthly plan.
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