ABN AMRO Mutual Fund has announced a maiden dividend of 10% (i.e. Rs 1.00 per unit on the face value of Rs. 10) under the dividend option of ABN AMRO Dividend Yield Fund. The record date for the same has been fixed as June 29, 2007.
This open-ended equity fund was launched in August 2005 and has delivered a return of 7.28% so far.