Chola Freedom Income Short Term Fund declares 0.20 per cent dividend

By Our Market Bureau | 31 May 2004

1

Mumbai: Chola Mutual Fund has declared 0.20 per cent dividend (Rs0.020 per unit of Rs10) in the Chola Freedom Income Short Term Fund under both the regular plan and the regular institutional plan, with the record date of the scheme being May 25, 2004.

The objective of the fund is to generate income through investments in fixed income securities and money market instruments. The fund is benchmarked against the CRISIL Short Term Fund Index. The NAV as on May 26, 2004 was Rs10.0352 (ex-dividend) in the regular plan and Rs10.0369 (ex-dividend) in the regular institutional plan.


 

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