Mumbai: IDFC Mutual Fund has declared dividend under its IDFC Classic Equity Fund. The record date for distribution of dividend is February 25, 2011.
The quantum of dividend decided for distribution is Rs 2.00 per unit on the face value of Rs 10.
IDFC Classic Equity Fund is an open ended equity scheme with investment objective to generate long term capital growth from a diversified portfolio of predominantly equity and equity related instruments. The scheme is managed by Tridib Pathak. It is benchmarked against BSE 200.
