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Peerless Ultra Short Term Fund declares dividend

The record date for dividend was July 26, 2013.

July 29, 2013 3:49 IST | India Infoline News Service

Peerless Mutual Fund has declared dividend under the Monthly Dividend Option for Super Institutional & Direct Plan of Peerless Ultra Short Term Fund (an open ended debt scheme). The record date for dividend was July 26, 2013. 


The dividend declared is as follows:


Scheme
Face Value per unit ( Rs.)
Ex NAV (Rs.)
*Gross Dividend Rate per unit (Rs.)
Peerless Ultra Short Term Fund – Monthly Dividend option - Super Institutional Plan
10
10.0601
0.0039
Peerless Ultra Short Term Fund – Monthly Dividend option - Direct Plan
10
10.1311
0.0054





*The net of Dividend declared is tax free in the hands of the investor. 


The Ex Dividend NAV is calculated after considering Dividend Payout & statutory levies, if any.


On the announcement of the dividend, Akshay Gupta, Managing Director & CEO of Peerless Funds Management Company Ltd., said, “Peerless Ultra Short Term 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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