Peerless Mutual Fund has declared dividend under the monthly Dividend Option of Peerless Income Plus Fund (an open ended debt scheme). The record date for dividend was February 22nd, 2013. The Dividend declared is as follows:
|
Scheme – Peerless Income Plus Fund |
Face Value per unit ( Rs.) |
Ex NAV (Rs.) |
*Gross Dividend Rate per unit (Rs.) |
|
Peerless Income Plus Fund - Monthly Dividend option |
10 |
10.3594 |
0.0700 |
*The net Dividend declared is tax free in the hands of the investors
Akshay Gupta, Managing Director & CEO of Peerless Funds Management Company Ltd., said, “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.”
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.
