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Friday, January 23, 2009

Edelweiss MF declares dividend for Monthly Interval Fund

Record date for dividend is 28 January 2009

Edelweiss Mutual Fund has declared dividend under dividend option of Edelweiss Monthly Interval Fund – Series 1. The record date for the dividend is 28 January 2009.

The quantum of dividend will be 100% of the available distributable surplus of the scheme as on the record date for the face value of Rs 10 per unit. The NAV for the scheme was at Rs 10.0425 per unit as on 21 January 2009.

After payment of dividend, the NAV will fall to the extent of the payout and statutory levy, if any.

The investment objective of Edelweiss Monthly Interval Fund – Series 1 is to generate regular income through investments in debt & money market instruments.

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