Peerless MF declares dividend under "Peerless Short Term Fund"

Peerless Mutual Fund has announced a dividend of Rs 0.0860 per unit under dividend payout option of scheme named as "Peerless Short Term Fund", on the face value of Rs 10 per unit.

The record date for the dividend was April 10. The NAV of scheme as on April 10, 2013 was at Rs 10.8916.

The investment objective of the open ended debt scheme is to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities.

The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index and Ganti N Murthy is the fund manager of the scheme.

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