JM MF declares 45% dividend under JM Basic
JM MF declares 45% dividend under JM Basic JM Financial Mutual Fund (MF) declared dividend under JM Basic Fund. The NAV of the schemes stood at Rs 28.1735 as on Sep. 13, 2007. The fund house fixed Sep. 21, 2007, as the record date for the payment of dividend. Pursuant to payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if applicable. All unit holders registered on or before the record date will be eligible to receive the dividend.
The fund house declared a dividend of 45%, or Rs 4.5 per unit of face value of Rs 10.
