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JM Short Term Declares Maiden Dividend

JM Short Term Plan has declared a maiden dividend of 1.10 per cent (Rs.0.11 per unit). The record date for the payment of dividend was September 27, 2002.

JM Short Term Plan,launched in June 2002. The fund's one-month return of 0.78 per cent is higher than the category average of 0.73 per cent as on September 27, 2002.