Peerless Liquid Fund declares dividend under monthly dividend options

The record date for dividend was May 25, 2012.

May 28, 2012 5:20 IST | India Infoline News Service
Peerless Mutual Fund has declared dividend under the monthly dividend option for retail & super institutional plan of Peerless Liquid Fund (an open ended Liquid scheme). The record date for dividend was May 25, 2012.
The gross dividend was Rs. 0.0632 per unit for Retail Plan and Rs.0.0767 per unit for Super Institutional Plan for the respective 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 Liquid Fund - Monthly Dividend option as on May 25, 2012, is Rs.10.0010 under Retail Plan & Rs.10.0011 under Super Institutional Plan, after considering the Dividend Payout and statutory levies, if any.
Akshay Gupta, CEO of Peerless Funds Management Company Ltd, said, “The Peerless Liquid 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.”

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