IDFC Mutual Fund has declared dividend in the dividend option of IDFC Premier Equity Fund Plan A. The date of distribution of dividend is 28 April 2009. The fund house has decided to distribute Rs 1.50 per unit as dividend on the record. The scheme recorded NAV of Rs 15.1428 per unit as on 21 April 2009.The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The scheme portfolio would acquire, inter alia, small and medium size business with good long term potential, which is available at cheap valuations.
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