14 August 2008

The JM Financial mutual fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend option of JM Fixed Maturity Fund –Series II- Monthly Plan I. The record date for dividend will be 18 August 2008 .

The AMC plans to distribute realized appreciation in the NAV of the plan / option till the record date as dividend. The NAV of the scheme under regular plan was recorded at Rs 10.0712 and that of institutional plan was Rs 10.0721 as on 12 August 2008 .

JM Fixed Maturity Fund – Series II- Monthly Plan I is a close-ended income scheme comprising various plans seeking to generate regular returns through investment in fixed income securities normally maturing in line with the time profile of the respective plan.