14 Dec 2012
|BNP Paribas Mutual Fund has declared 5.0000 per cent dividend under dividend payout option of scheme named as ‘BNP Paribas Dividend Yield Fund’, on the face value of Rs 10 per unit.
The record date for the dividend is December 14. The NAV of scheme as on December 13, 2012 was at Rs 11.863.
The investment objective of ‘BNP Paribas Dividend Yield Fund’, an open ended equity diversified scheme, is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks.
The performance of the scheme is benchmarked against BSE Sensitive Index and Shreyash Devalkar is the fund manager of the scheme.