JM Financial mutual announces dividends in two funds

MUMBAI: JM Financial Asset Management Pvt. Ltd. said on June 18, it will pay the following dividends in two of its funds and has fixed June 22 as the record date. JM Equity & Derivative Fund 0.18 JM Arbitrage Advantage Fund 0.20 the fund house managed assets worth about 38 billion rupees at the end of May, data from Association of Mutual Funds in India displayed.