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dividend in mutual fund

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(Querist)
16 January 2009 is there any rules that in m.f. that at the time of declaration of dividend tha mf's NAV should no below the its NFO prise.????

please reply.

eg. nfo price 10 rs. current prise 8.75 rs. is in this scheme amc declare dividend?????
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Manish Lavaniya

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Manish Lavaniya (Expert)
08 February 2009 There is no such rule.
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