IDFC Mutual Fund has declared dividend for IDFC Small and Midcap Equity Fund. The quantum of declaration will be Rs 1.50 per unit. The record date is April 29, 2011.
IDFC Small and Midcap Equity Fund launched in February 2008, has been rated as a 5-star fund in Equity- Mid & Small Cap category as on March 31, 2011. The fund is ranked 1st out of 56 funds based on trailing 3-year performance as on April 21, 2011. This is the 3rd dividend declared by the fund since its launch. Prior to this, it declared a dividend of Rs 1.6 per unit in April, 2010.