Monday, March 9, 2009

IDFC MF Declares Dividend Under 2 Plans

IDFC MF declares dividend for two Arbitrage Funds

Record date for dividend is 12 March 2009

IDFC Mutual Fund has declared dividend in the dividend option of IDFC Arbitrage Fund and IDFC Arbitrage Plus Fund, an open-ended equity funds. The date of distribution of dividend is 12 March 2009.

IDFC Arbitrage Fund

The dividend will be declared under both Plans –A and B. The fund house has decided to distribute Rs 0.06 per unit as dividend on the record.

The scheme recorded NAV of Rs 10.4087 per unit for plan A and Rs 10.5348 per unit for plan B as on 5 March 2009.

IDFC Arbitrage Plus Fund

The dividend will be declared under dividend option of both Plans –A and B. The fund house has decided to distribute Rs 0.06 per unit as dividend on the record date.

The scheme recorded NAV of Rs 10.4302 per unit for plan A and Rs 10.4557 per unit for plan B as on 5 March 2009.

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