2% Div announced by IDFC Mutual Fund
14/11/2017 14:04
IDFC Mutual Fund has announced 2 per cent dividend under dividend payout option of scheme named as “IDFC Balanced Fund - Direct Plan” on the face value of Rs 10 per unit.

The record date for the dividend was November 13. The latest NAV of the scheme is Rs 10.97.

The investment objective of the open ended equity scheme is to generate long term capital appreciation along with current income by investing in a mix of equity and equity related securities, debt securities and money market instruments.

The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Anoop Bhaskar is the fund manager of the scheme.