Fund News

IL&FS Bond Fund pays dividend

Il&FS Mutual Fund has paid a dividend of 3.25%(Rs 3.25 per unit on a face value of Rs 100 per unit) in the dividend option of IL&FS Bond Fund . The record date for the same was June 28, 2001.

IL&FS Bond Fund is an open-ended debt fund, launched in July 1999. As on June 22, 2001, the Fund has posted a one-year return of 12.01 per cent as against the category average of 12.80 per cent.

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