Fund News

Canliquid to Have Weekly Dividend Option Under

Last updated: 08-Jul-2024•Value Research

Canbank Mutual Fund has introduced weekly dividend option under institutional plan of Canliquid Scheme.

Canbank Mutual Fund has introduced weekly dividend option under institutional plan of Canliquid Scheme. The weekly dividend under the weekly dividend option shall be declared on every Friday and all the accruals till Friday shall be distributed in full subject to the availability of distributable surplus. The dividend declared will be compulsorily reinvested in the scheme. The effective date of introduction of weekly dividend option under institutional plan is January 1, 2005.

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