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Friday, September 18, 2009

Bharti AXA MF Declares Dividend for Equity Fund

Record date for dividend is 23 September 2009

Bharti AXA Mutual Fund has declared dividend on the face value of Rs 10 per unit under regular & quarterly dividend option of eco, regular and institutional plans of Bharti AXA Equity Fund. The record date for the dividend is set as 23 September 2009.

The quantum of dividend under regular dividend option is 10% i.e. Re. 1.00 per unit and 5% i.e. Re. 0.50 per unit for quarterly dividend option.

The NAV for Eco Plan - regular dividend option is Rs. 15.23 per unit and Rs. 15.75 per unit for quarterly dividend option. NAV for Regular Plan - regular dividend option is Rs.15.20 per unit and Rs. 15.72 per unit for quarterly dividend option. The NAV for the above plans is as on 16 September 2009

Bharti AXA Equity Fund is an open-ended equity growth fund, with an investment objective to generate income and long-term capital appreciation through a diversified portfolio of predominantly equity and equity-related securities including equity derivatives, across all market capitalizations. The scheme is in the nature of diversified multi-cap fund.

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