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( 03 Nov 2017)
0.57% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.57 per cent dividend under dividend payout option of scheme named as “IDFC Monthly Income Plan” on the face value of Rs 10 per unit.

The record date for the dividend was October 30. The latest NAV of the scheme is Rs 13.19.

The investment objective of the open ended debt scheme is generate regular returns through investment primarily in debt securities.

The performance of the scheme was benchmarked against Crisil MIP Blended Index. Anurag Mittal is the fund manager of the scheme.