Fortis Mutual Fund has declared dividend under the Quarterly and Half -Yearly dividend option of Fortis Flexi Debt Fund - Regular Plan. The record date for the same is March 31, 2009. The quantum of the dividend will be 100% of the available distributable surplus as on record date on the face value of Rs 10 per unit. The NAV of the scheme as on March 24, 2009 was at Rs 10.4089 per unit under quarterly dividend option while Rs 11.1245 per unit under half yearly dividend option.
The objective of the scheme is to generate income through investments in a range of debt as well as money market instruments of various maturities in order to maximise the income.
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