JP Morgan Mutual Fund has declared dividend under its scheme, JPMorgan India Alpha Fund. The quantum of dividend decided for distribution is Rs. 0.15 per unit on the face value of Rs. 10. The record date for declaration of dividend is 12th July, 2010. JPMorgan India Alpha Fund, is an open ended interval scheme, with an investment objective to achieve a total return in excess of the return on short-term instruments through various strategies of buying and selling equity and equity-linked securities, including derivatives and money market and debt securities. The scheme is benchmarked against CRISIL Liquid Fund Index.
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