JM Financial Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend option of JM Interval Fund – Quarterly Plan 1 (JM QIF-1) – Retail & Institutional Plan. The record date for dividend is June 18, 2012.
The quantum of dividend will be upto realised appreciation in the NAV of the plan / option till the record date. The scheme recorded NAV of Rs 10.2150 per unit for Retail Plan and Rs 10.2210 per unit for institutional plan as on June 12, 2012
The investment objective of the scheme is 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.
Source: Accord Fintech
