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JM Mutual Declares Quarterly Dividends


JM Mutual Fund has declared quarterly dividends in JM Income and JM G-Sec Regular Plan. A dividend of 5.50 per cent (Rs. 0.55 per unit) and 6 per cent ( Rs. 0.60 per unit) has been declared in JM Income - Dividend Plan and JM G-Sec Regular Option respectively.

JM Mutual has also declared a bonus of 50:1000 (50 units for every 1000 unit held on face value of Rs. 10 each) in JM Income -Bonus Option.

The record date for all the above dividends was December 24, 2002.