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Friday, December 26, 2008

JM Financial MF declares dividend under FMF Series XI

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 Fixed Maturity Plan-Series XI. The fund house will offer dividend for 13 Months Plan 1, Yearly Plan and 13 Months Plan 2. The record date of dividend is set on 30 December 2008.

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 the 13 Months Plan 1, Yearly Plan and 13 Months Plan 2 of JM Fixed Maturity Plan-Series XI.

JM Fixed Maturity Plan-Series XI -13 Months Plan 1 has recorded NAV under regular plan at Rs 10.1804 & institutional plan at Rs 10.1906, respectively as on 23 December 2008.

JM Fixed Maturity Plan-Series XI - Yearly Plan has recorded NAV under regular plan at Rs 10.2412 & institutional plan at Rs 10.2517, respectively as on 23 December 2008.

JM Fixed Maturity Plan-Series XI -13 Months Plan 1 has recorded NAV under regular plan at Rs 10.2036 & institutional plan at Rs 10.2165, respectively as on 23 December 2008.

JM Fixed Maturity Plan-Series XI is a close-ended income schemes comprising various plans seeking to generate regular returns through investments in fixed income securities normally maturing in line with the time profile of the respective plans.

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