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Thursday, February 12, 2009

JM Financial MF declares dividend for JM-QIF-4

Record date for dividend is 16 February 2009

JM Financial Mutual Fund has declared dividend under JM Interval Fund-Quarterly Plan 4 (JM-QIF-4) dividend option and fixed 16 February 2009 as the record date for the purpose.

The fund house has decided to distribute realized appreciation in the NAV of the plan/option till the record date as dividend (inclusive of dividend distribution tax) in both regular and institutional plan under the scheme.

The scheme recorded a NAV of Rs 10.1009 per unit in regular plan and Rs 10.1039 per unit under institutional plan as on 10 February 2009.

JM Interval Fund-Quarterly Plan 4 is a debt oriented interval fund. The investment objective of the scheme and the plans launched there under to seek 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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