IDFC Mutual Fund has approved the declaration of dividend under dividend option of IDFC India GDP Growth Fund. The quantum of declaration will be Rs 1.50 per unit.
The record date is May 31, 2011.
IDFC India GDP Growth Fund launched in February 2009 has been categorized as a Equity-Multi cap Fund. This is the 2nd dividend declared by the fund since its launch. Prior to this, it declared a dividend of Rs 2 per unit in May, 2010.
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