Saturday, July 4, 2009

JM Financial Mutual Fund Announces Dividend For JMQIF-2 - July 04, 2009

JM Financial Mutual Fund has decided 7 July 2009 as the record date for dividend distribution under the dividend option of regular and institutional plan of JM Interval Fund-Quarterly Plan 2 (JMQIF-2). The fund house has decided to distribute dividend upto the realized appreciation in the NAV of the Plan/option till the record date.

The scheme recorded NAV of Rs 10.1679 per unit under regular plan and Rs 10.1739 per unit under institutional plan as on 2 July 2009.

JM Interval Fund is a debt oriented interval fund with an investment objective to seek to generate predictable returns over a predetermined period by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the respective plans.

No comments: