Friday, December 18, 2009

Escorts MF Declares Dividend for Opportunities Fund

Record date for dividend is 24 December 2009 

Escorts Mutual Fund has announced dividend on the face value of Rs 10 per unit for Escorts Opportunities Fund. The record date for the distribution of dividend is set as 24 December 2009.

The quantum of dividend will be Rs 0.0981 per unit as on the record date. The NAV for dividend option was at Rs 10.1173 and Rs 25.9735 for growth option as on 16 December 2009.

Escorts Opportunities Fund has the investment objective to generate long term capital appreciation by predominantly moving instruments in a portfolio of equity and equity related securities amongst different sectors, present or future, expected to show high earnings such as Technology Sector, Media Sector, Entertainment Sector, Communications Sector, FMCG Sector, Pharmaceuticals Sector, Cyclical Sector, Real Estate Sector, Space Sector, Cybercity Sector etc.