MF News Edelweiss MF announces 5 percent dividend in Edelweiss Select Midcap Fund

Edelweiss MF announces 5 percent dividend in Edelweiss Select Midcap Fund

Edelweiss Mutual Fund has declared dividend under its open ended equity scheme called Edelweiss Select Midcap Fund. The record date for which is February 25, 2014.

Nishant Patnaik Feb 22, 2014

Edelweiss Mutual Fund has declared dividend under its open ended equity scheme called Edelweiss Select Midcap Fund. The record date for which is February 25, 2014.

Amount of Dividend

NAV per unit as on February 18, 2014

Face Value per unit

Re. 0.5 per unit*

Rs.12.50

Rs. 10.00

Edelweiss Select Midcap Fund seeks to create wealth in the long term by investing predominantly in equity and equity related instruments of mid cap companies.

The scheme is benchmarked against S&P BSE Mid Cap index. Paul Parampreet is managing the fund.

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Axis MF pays Rs.16.57 lakh to settle a case with SEBI

Angel One AMC receives mutual fund license from SEBI

Repo transactions in debt funds should be valued at mark-to-market: SEBI

Your bulletin for the day

The MF industry earns profits of Rs.15,760 crore, a rise of 43% in one year

55% of equity assets stays invested for over 2 years

Equity, hybrid and index funds: Most preferred investment option for SIP investors

‘Auto story is structural and long term’

‘Investors are currently underinvested in a high growth sector like real estate’

Individual AUM in equity scheme increases by 60% in one year

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS