Nov 01, 2010, 08.06 AM IST

Morgan Stanley MF declares dividend Under 2 Funds

Morgan Stanley Mutual Fund has announced dividends in Morgan Stanley A.C.E. Fund and Morgan Stanley Growth Fund, for which the record date is November 4, 2010.

Source: Moneycontrol.com

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Morgan Stanley MF declares dividend Under 2 Funds

Morgan Stanley Mutual Fund has declared dividends under the dividend option of Morgan Stanley A.C.E. Fund and Morgan Stanley Growth Fund. The quantum of dividend will be 10% (Rs 1 per unit on a face value of Rs 10) and 15% (Rs 1.5 per unit on a face value of Rs 10) respectively.

All investors registered under the dividend option of the above schemes as on November 4, 2010 will receive this dividend. The NAV of the scheme as on October 29, 2010 under the dividend option was Rs 16.487 and Rs 22.827 respectively. (Check out - Recent MF Dividends)

Morgan Stanley A.C.E. Fund is an open-ended equity oriented scheme. The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities including equity derivatives.

Morgan Stanley Growth Fund is an open-ended equity oriented scheme. The investment objective of the scheme is to achieve long term capital appreciation by investing primarily in equity and equity related securities of companies having large market capitalization.

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