Peerless Mutual Fund has declared dividend under the quarterly dividend option of Peerless Flexible Income Fund (an open ended debt scheme). The record date for dividend was February 4, 2013.
The gross dividend was Rs. 0.4000 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 Flexible Income Fund - quarterly dividend option as on February 4, 2013, is Rs. 10.0709, after considering the dividend payout and statutory levies, if any.
The fund seeks to generate reasonable returns through active duration management of the portfolio, while maintaining liquidity by investing in debt instruments including bonds, debentures and government securities and money market instruments over various maturity periods.
