IDFC Tax Advantage (ELSS) Fund declares dividend
IDFC Tax Advantage (ELSS) Fund has announced a dividend, for which the record date is on February 4, 2011.
February 01, 2011 / 13:06 IST
IDFC Mutual Fund has announced a dividend of 25% (Rs. 2.5 per unit on Face Value of Rs.10), under the dividend option of IDFC Tax Advantage (ELSS) Fund. The record date for the dividend as been fixed as February 4, 2011.
All investors registered under the dividend option of IDFC Tax Advantage (ELSS) Fund as on February 4, 2011 will receive this dividend. The NAV of the scheme under the dividend option as on January 28, 2011 was Rs 15.514. (Check out - Recent MF Dividends)IDFC Tax Advantage (ELSS) Fund is an open-ended ELSS scheme. The investment objective of the scheme is to seek to generate ong term capital growth from a diversified portfolio of predominantly equity and equity related securities. For more Mutual Fund News click here Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!