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Monday, April 06, 2009

JM Financial MF announces dividend

Record date for dividend is 8 April 2009

JM Financial Mutual Fund has decided 8 April 2009 as the record date for dividend distribution underthe dividend option of regular and institutional plan of JM Interval Fund-Quarterly Plan 2 (JMQIF-2). The fund house has decided to distribute dividend upto the realized appreciation in the NAV of the Plajn/option till the record date.

The scheme recorded NAV of Rs 10.1861 per unit under regular plan and RS 10.1922 per unit under institutional plan as on 2 April 2009.

JM Interval Fund is a debt oriented interval fund with an investment objective 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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