Dividend in IDFC Classic Equity Fund (record date: February 27, 2012)

IDFC Mutual Fund has announced dividend in IDFC Classic Equity Fund.   The record date for dividend declaration is February 27, 2012 The quantum of dividend will be1.20 per unit on the face value of Rs 10 per unit.

IDFC Classic Equity Fund is an open ended scheme whichoffers you a portfolio whose core is invested in fundamentally strong companies that may or may not be in current market favour. The remainder of the portfolio is invested in companies / sectors that attempt to capture an oncoming market bias ahead of the market rally.