Fund News

Introduction of Additional Dividend Sub-Options in Peerless Equity Fund

Last updated: 08-Jul-2024•News Desk

Peerless Mutual Fund has introduced the following new dividend sub-options under both the Direct and

Peerless Mutual Fund has introduced the following new dividend sub-options under both the Direct and Regular Plans of Peerless Equity Fund on a prospective basis with effect from November 02, 2015 :

Quarterly Dividend (payout and reinvestment)
Half Yearly Dividend (payout and reinvestment)
Yearly Dividend (payout and reinvestment)

Also, the existing "Dividend Option" with payout and reinvestment facility offered for subscription under both Direct and Regular Plans of Peerless Equity Fund is being renamed to "Normal Dividend Option" with effect from November 02, 2015.

The Fund House has also decided to discontinue the cash acceptance facility of ₹50,000/- per investor per financial year across all its Schemes with effect from November 04, 2015.

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