Edelweiss Mutual Fund has announced dividend under Edelweiss Quarterly Interval Series 1 -- a close-ended income scheme.

The quantum of declaration will be 100% of the distributable surplus as available under plan(s) on the record date. The fund house has fixed March 10, 2010 as record date for the dividend declaration.

As on March 5, 2010, the net asset value of the scheme stood at Rs 10.0910 per unit.

The investment objective of Edelweiss Quarterly Interval Fund-Series 1 is to generate regular income through investments in debt and money market instruments.