Apr 26, 2010, 07.34 PM IST

Bharti AXA Equity Fund declares dividend

Bharti AXA Equity Fund has announced a dividend, for which the record date has been fixed as April 29, 2010.

Source: Moneycontrol.com
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Bharti AXA Equity Fund declares dividend
Bharti AXA Mutual Fund has declared a dividend of 10% (Rs 1 per unit on Face Value of Rs 10) has been announced under the quarterly and regular dividend options of Bharti AXA Equity Fund – Regular, Eco and Instituational Plans. The record date for dividend is April 29, 2010.


All investors registered under the above schemes /options of Bharti AXA Equity Fund as on April 29, 2010, will receive this dividend. (Check out - Recent MF Dividends)


Speaking on the announcement, Sandeep Dasgupta, CEO, Bharti AXA Investment Managers said “With this Bharti AXA Equity Fund has declared 40% dividend in the Quarterly Dividend Option and 50% dividend in the Regular Dividend option within year and a half of inception. This is the result of some astute fund management skills and stringent risk guidelines, which are inherent to the AMC’s principles.”


Bharti AXA Equity Fund is an open ended equity growth fund, with investment objective to generate income and long term capital appreciation through a diversified portfolio of predominantly equity and equity related securities including equity derivatives, across all market capitalizations.



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