What Dates are Important when Investing in mutual funds?
There are several important distribution related dates to be aware of when buying and selling mutual fund shares. Declaration date: This is the date on which the distribution is announced by the AMC. Ex-dividend date: This is the date the shares trade without the dividend. Record date: This date is important for ascertaining the eligibility. The units holders who hold the units on this date are eligible to receive the dividend or the benefit(s)announced by the AMC. Payment date: This is the date on which the dividend is actually paid out.
