Monday, May 25, 2009

Bharti AXA Equity Fund Declares Dividend - May 25, 2009

Bharti AXA Equity Fund declared a dividend under quarterly and regular dividend options of Regular, Eco plan and Institutional Plan in Bharti AXA Equity Fund. The record date for the same is 29 May 2009. The quantum of the dividend for all the above plans under quarterly dividend option is Re 0.50 per unit (i.e. 5% per unit) and Re 1.00 per unit (i.e. 10% per unit) under regular dividend option.

The NAV of quarterly and regular dividend option of Regular plan was at Rs 14.18 per unit, respectively. Eco Plan recorded the NAV of Rs 14.21 per unit under quarterly and regular dividend options.

The scheme is an open ended equity growth fund, with investment objective to generate income and long term capital appreciation through a diversified portfolio of predominantly equity and equity related securities including equity derivatives, across all market capitalizations.

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