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Wednesday, February 25, 2009

Edelweiss MF declares dividend for Monthly Interval Fund

Record date for dividend is 2 March 2009

Edelweiss Mutual Fund has declared dividend under dividend option of Edelweiss Monthly Interval Fund – Series 1. The record date for the dividend is 2 March 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 10.0413 per unit as on 19 February 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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