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Thursday, February 05, 2009

IDFC MF declares dividend for two Arbitrage Funds

Record date for dividend is 10 February 2009

IDFC Mutual Fund has declared dividend in the dividend option of IDFC Arbitrage Fund and IDFC Arbitrage Plus Fund, an open-ended equity funds. The date of distribution of dividend is 10 February 2009.

IDFC Arbitrage Fund

The dividend will be declared under both Plans –A and B. The fund house has decided to distribute Rs 0.06 per unit as dividend on the record date of 10 February 2009.

The scheme recorded NAV of Rs 10.4371 per unit for plan A and Rs 10.5584 per unit for plan B as on 3 February 2009.

IDFC Arbitrage Plus Fund

The dividend will be declared under dividend option of both Plans –A and B. The fund house has decided to distribute Rs 0.06 per unit as dividend on the record date.

The scheme recorded NAV of Rs 10.4454 per unit for plan A and Rs 10.4687 per unit for plan B as on 3 February 2009.

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