IDFC Mutual Fund has announced 31 May 2012 as the record date for declaration of dividend on the face value of Rs 10 per unit under the Adhoc dividend option of IDFC Dynamic Bond Fund - Plan B.
The quantum of dividend will be Rs 0.3875 per unit subjet to availability of distributable surplus. The scheme recorded NAV of Rs 10.8886 per unit as on May 24, 2012.
IDFC Dynamic Bond Fund - Plan B seeks to generate optimal returns with high liquidity by active management of the portfolio, by investing in the high quality money market and debt instruments
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