Edelweiss Mutual Fund to pay dividend to investors in ELSS Fund
Mumbai: Edelweiss Mutual Fund has declared dividend under its Edelweiss ELSS 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.
Edelweiss ELSS Fund is an open ended equity ELSS scheme with investment objective to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. The scheme is jointly managed by Paul Parampreet and Karthik Visvanathan. It is benchmarked against S&P CNX Nifty.
