
JM Mutual Fund has announced March 21, 2002 as the record date for the payment of quarterly dividend in its Income and G-Sec Regular Fund.
JM Income is a medium-term debt fund. The last dividend paid by the fund was 3.5 per cent in December 2001. Launched in December 1994, the fund has posted a total return of 14.24 per cent, as on March 05, 2002.
JM G-Sec Regular Plan was launched in September 1999. It paid its last dividend of 8 per cent in December 2001. Till date, the fund has paid an aggregate dividend of 29.61 per cent spread over nine payouts.