Fund News

JM Income & G-Sec Regular Announces Record Date

JM Mutual Fund has announced March 21, 2002 as the record date for the payment of quarterly dividend

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.

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