Peerless Mutual Fund has declared dividend under the Monthly Dividend Option of Peerless Income Plus Fund (an open ended debt scheme). The record date for dividend was May 25, 2012.
The gross dividend was Rs. 0.0600 per unit for Monthly Dividend Option as on the record date. Dividend is being declared on the face value of Rs.10/- per unit. The Ex-NAV of Peerless Income Plus Fund Monthly Dividend option as on May 25, 2012, is Rs. 10.1813, after considering the Dividend Payout and statutory levies, if any.
Akshay Gupta, CEO of Peerless Funds Management Company Ltd., said, “The Peerless Income Plus Fund aims to provide regular returns in the form of dividend to investors seeking a steady income and we at Peerless Mutual Fund are glad to successfully meet this objective with regular dividend declaration.”