Dividend declared by Escorts Mutual Fund
07/07/2015 09:55

Escorts Mutual Fund has announced 0.92 per cent dividend under dividend payout option of scheme named as “Escorts Income Plan” on the face value of Rs 10 per unit.

The record date for the dividend was July 01. The latest NAV of the scheme is Rs 11.56.

The investment objective of the open ended debt income scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk.

The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.