Edelweiss ELSS Fund declares dividend

Edelweiss Mutual Fund has announced a dividend of 20% (Rs. 2.00 per unit on Face Value of Rs.10), in Edelweiss ELSS Fund. The record date for the dividend as been fixed as January 21, 2011.

All investors registered in the dividend plan of Edelweiss ELSS Fund as on January 21, 2011 will receive this dividend. The NAV of the scheme under the dividend option as on January 14, 2011 was Rs 17.27. (Check out -Recent MF Dividends)

Edelweiss ELSS Fund is an open ended equity linked savings scheme.  The investment objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments.

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