Peerless Mutual Fund has declared tax free dividend under the quarterly dividend option of Peerless Income Plus Fund (an open ended debt scheme). The record date for dividend was July 23, 2012. This is the 6th quarterly dividend since inception.
The gross dividend was Rs. 0.18 per unit for quarterly 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 Income Plus Fund - quarterly dividend option as on July 23, 2012, is Rs. 10.2006, after considering the Dividend Payout and statutory levies, if any.
“Peerless Income Plus 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,” said Akshay Gupta, Managing Director & CEO of Peerless AMC.
The scheme seeks to generate regular income through a portfolio of predominantly high quality fixed income securities and with a marginal exposure to equity & equity related instruments.
