Axis Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend option of Axis Fixed Term Plan - Series 23 (3 Months). The record date for dividend is June 21, 2012.
The quantum of dividend will be entire distributable surplus on the record date. The scheme recorded NAV of Rs 10.2548 per unit as on June 14, 2012
The investment objective of the scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan.
Source: Accord Fintech
