Peerless Mutual Fund has declared dividend under the quarterly Dividend Option of Peerless Income Plus Fund (an open ended debt scheme). The record date for dividend was November 2, 2012.
The gross dividend was Rs. 0.1800 per unit for Quarterly Dividend Option as on the record date, net of which will be tax free in the hands of investors. 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 November 2, 2012, is Rs. 10.4172, after considering the Dividend Payout and statutory levies, if any.
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. However there is
no assurance or guarantee that the investment objective of the scheme will be
achieved.