Record date for dividend is 4 February 2011
IDFC Mutual Fund has announced the declaration of dividend under
dividend option of IDFC Tax Advantage (ELSS) Fund. The record date for
dividend is set as 4 February 2011.
The quantum of dividend will be Rs 2.50 per unit, subject to
availability of distributable surplus. The scheme recorded NAV of Rs
14.4631 per unit as on 27 January 2011.
The investment objective of the scheme is to seek to generate long term
capital growth from a diversified portfolio of predominantly equity and
equity related securities.