IL&FS Mutual Fund has announced the dividends under the quarterly dividend plans of the following schemes: IL&FS Bond, IL&FS Bond Institutional, IL&FS Gilt Short Term and IL&FS Gilt Long Term.
A dividend of 2.5 per cent each (i.e. Rs 0.25 per unit on a face value of Rs 10) has been announced under the Quarterly Dividend Plans of IL&FS Bond, IL&FS Bond Institutional and IL&FS Gilt Short Term. While, IL&FS Gilt Long Term has announced a quarterly dividend of 4 per cent (i.e. Rs 0.40 per unit on a face value of Rs 10).
All investors in the above schemes as on September 15, 2003 will be eligible to receive dividends.