JM Financial Mutual Fund has announced dividend under dividend option of JM Quarterly Interval Plan 1. The quantum of dividend for Retail as well as Institutional plan will be the realised appreciation in the NAV till the record date.
The record date has been fixed as December 19, 2011. The Specified Transaction Period will be from December 15, 2011 to December 19, 2011. Similarly, the minimum investment amount will be Rs.5000 for retail and Rs.5 Lakhs for institutional plan.