IDFC Mutual Fund has announced 16 February 2012 as the record date for declaration of dividend under the dividend option of IDFC Fixed Maturity Plan-Yearly Series 37. The quantum of dividend will be entire appreciation in net asset value of dividend option since inception until 16 February 2012 subject to availability of distributable surplus.
The scheme recorded NAV of Rs 10.3407 per unit as on 9 February 2012.
The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.