Peerless Mutual Fund has declared dividend under the monthly dividend option of Peerless Short Term Fund (an open ended debt scheme). The record date for dividend was July 10, 2012.
The gross dividend was Rs. 0.0900 per unit for Monthly Dividend Option as on the record date. Dividend is being declared on the face value of Rs.10/- per unit. The Ex - Dividend NAV of Peerless Short Term Fund Monthly Dividend option as on July 10, 2012, is Rs. 10.8056, after considering the Dividend Payout and statutory levies, if any.
On the announcement of the dividend, Mr. Akshay Gupta, Managing Director & CEO of Peerless Funds Management Company Ltd., said, “Peerless Short Term Fund aims to provide regular returns in the form of dividend to investors seeking a steady income and we at Peerless Mutual Fund are glad to successfully meet this objective with regular dividend declaration.”
