Mutual funds - upcoming Dividends- 5th March 2008

Dividend Announced under Optimix Active Debt FoF

ING Mutual Fund announced a dividend of 2 per cent under the dividend option of Optimix Active Debt Multi Manager FoF Scheme. The record date for the same would be March 3, 2008.

 

Standard Chartered MF announces dividend

Standard Chartered Mutual Fund has announced a dividend of 0.10% i.e. Re 1 per unit on the face value of Rs 10 in its open-ended equity scheme - Standard Chartered Arbitrage Fund - Plan A and B. The objective of the scheme is to generate capital appreciation and income by predominately investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and m money market instruments.

The record date for the same has been fixed as 7 March 2008. The NAV under Plan A of the scheme as on 28 February 2008 was Rs 10.10.5161. The NAV under Plan B of the scheme as on 28 February 2008 was Rs 10.5821.


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