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Wednesday, February 04, 2009

Mirae Asset MF declares dividend under Quarterly Interval Fund

Record date for dividend is 09 February 2009

Mirae Asset Mutual Fund has announced 09 February 2009 as the record date for declaration of dividend on the face value of Rs 10.00 per unit of Mirae Asset Interval Fund-Quarterly Plan-Series I. The dividend will be offered for both regular and institutional plans.

The quantum of dividend will be 90% distributable surplus as on the record date 09 February 2009. The NAV of regular plan was at Rs 10.2458 and that of under institutional plan was Rs 10.2527 as on 2 February 2009.

Mirae Asset Interval Fund – Quarterly Plan – Series I a debt oriented interval scheme. The investment objective of the scheme is to seek to generate returns with low volatility through a portfolio of debt and money market instruments with a provision to offer liquidity at periodic interval.

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