IDFC MF declared dividend on the face value of Rs 10 under the dividend option of IDFC Fixed Maturity Plan -Seventeen Months Series 3 (IDFC FMP SMS - 3). The record date for dividend is August 2, 2012.
The quantum of dividend will be entire distributable surplus as on the record date (Dividend distribution tax & other statutory levies shall also be paid out of such distributable surplus). The scheme recorded NAV of Rs 10.3365 per unit as on July 26, 2012.
The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing before the duration of the scheme
Source : Accord Fintech
