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Friday, December 26, 2008

JM Financial MF declares dividend for its various quarterly funds

Record date for dividend is 30 December 2008

JM Financial Mutual Fund has declared dividend in dividend option of regular and institutional plan under JM Interval Fund-Quarterly Plan 2, Quarterly Plan 3, Quarterly Plan 4, Quarterly Plan 5, and Quarterly Plan 6.

The details are as follows:

The fund house has decided to distribute realized appreciation in the NAV of the plan/option till record date of 30 December 2008 as dividend.

JM Interval Fund-Quarterly Plan 2 regular plan dividend option recorded a NAV of Rs 10.2504 per unit and institutional plan dividend option recorded a NAV of Rs 10.2558 per unit as on 23 December 2008.

JM Interval Fund-Quarterly Plan 3 regular plan dividend option recorded a NAV of Rs 10.1236 per unit and institutional plan dividend option recorded a NAV of Rs 10.1265 per unit as on 23 December 2008.

NAV of JM Interval Fund-Quarterly Plan 4-regular & institutional plan was at Rs 10.0754 & Rs 10.0777, respectively as on 23 December 2008.

NAV of JM Interval Fund-Quarterly Plan 5-regular & institutional plan was at Rs 10.0708 & Rs 10.0728, respectively as on 23 December 2008.

NAV of regular & institutional plan of JM Interval Fund-Quarterly Plan 6 was recorded at Rs 10.0687 & Rs 10.0707 as on 23 December 2008.

JM Interval Fund-Quarterly Plan is a debt oriented interval fund with an investment objective to generate predictable returns over a predetermined period by investing in a portfolio of fixed income securities normally maturing in line with the time profile of the respective plans.

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