Reliance MF launches new plan under Interval Fund III- Series 2 30/09/2014

Reliance MF launches new plan under Interval Fund III- Series 2
30/09/2014 11:07
Reliance Mutual Fund has launched a new debt oriented interval scheme named “Reliance Interval Fund III- Series 2” with maturity period of 367 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 26 and will close on October 09. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments & government securities & debt instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in money market instruments & government securities & debt instruments.

NFO for ‘Birla Sun Life FTP - Series LZ’ to close on Oct 8 30/09/2014

NFO for ‘Birla Sun Life FTP - Series LZ’ to close on Oct 8
30/09/2014 10:48
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LZ (1099 days)” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on October 08. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (excluding money market instruments), money market instruments and government securities. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities (excluding money market instruments), 0 to 20 per cent of asset in money market instruments and 0 to 20 per cent of asset in government securities.

70% div announced under Birla Sun Life 95 Fund - Direct Plan 30/09/2014

70% div announced under Birla Sun Life 95 Fund - Direct Plan
30/09/2014 10:41
Birla Sun Life Mutual Fund has announced 70.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life 95 Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 158.46. The investment objective of the open-end balanced scheme is to generate long term growth of capital and current income, through a portfolio of equity and fixed income securities. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Nishit Dholakia is the fund manager of the scheme.

Birla Sun Life MF announces 70% div for its Birla Sun Life 95 Fund 30/09/2014

Birla Sun Life MF announces 70% div for its Birla Sun Life 95 Fund
30/09/2014 10:40
Birla Sun Life Mutual Fund has announced 70.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life 95 Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 145.40. The investment objective of the open-end balanced scheme is to generate long term growth of capital and current income, through a portfolio of equity and fixed income securities. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Nishit Dholakia is the fund manager of the scheme.

7.5% div declared under ICICI Prudential Equity Savings Fund 30/09/2014

7.5% div declared under ICICI Prudential Equity Savings Fund
30/09/2014 10:30
ICICI Prudential Mutual Fund has announced 7.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Equity Savings Fund - Series 1 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 14.03. The investment objective of the Equity-Diversified scheme is to generate capital appreciation, from a portfolio that is constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The Scheme may also invest a certain portion of its corpus in money market instruments from time to time. The performance of the scheme is benchmarked against CNX 100 Index. Manish Gunwani is the fund manager of the scheme.

Oct 1 set as record date for div under “ICICI Prudential Value Fund - Series 4” 29/09/2014

Oct 1 set as record date for div under “ICICI Prudential Value Fund - Series 4”
29/09/2014 11:17
ICICI Prudential Mutual Fund has announced 20.0000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 4” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 14.77. The investment objective of the Equity-Diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Rajat Chandak is the fund manager of the scheme.

Div declared for ICICI Prudential MF’s Value Fund - Series 4 - DP 29/09/2014

Div declared for ICICI Prudential MF’s Value Fund - Series 4 - DP
29/09/2014 11:12
ICICI Prudential Mutual Fund has announced 20.0000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 4 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 14.81. The investment objective of the Equity-Diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Rajat Chandak is the fund manager of the scheme.

ICICI Prudential MF announces 7.5% div for its Equity Savings Fund - Series 1 29/09/2014

ICICI Prudential MF announces 7.5% div for its Equity Savings Fund - Series 1
29/09/2014 11:06
ICICI Prudential Mutual Fund has announced 7.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Equity Savings Fund - Series 1” on the face value of Rs 10 per unit. The record date for the dividend is October 1. The latest NAV of the scheme is Rs 13.88. The investment objective of the Equity-Diversified scheme is to generate capital appreciation, from a portfolio that is constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The performance of the scheme is benchmarked against CNX 100 Index. Manish Gunwani is the fund manager of the scheme.

Sept 29 set as record date for div under “L&T India Prudence” 29/09/2014

Sept 29 set as record date for div under “L&T India Prudence”
29/09/2014 11:02
L&T Mutual Fund has announced 1.1000 per cent dividend under dividend payout option of scheme named as “L&T India Prudence” on the face value of Rs 10 per unit. The record date for the dividend is September 29. The latest NAV of the scheme is Rs 16.30. The investment objective of the Equity-Diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.

2% div declared under Pramerica Credit Opportunities Fund 29/09/2014

2% div declared under Pramerica Credit Opportunities Fund
29/09/2014 10:56
Pramerica Mutual Fund has announced 2.0000 per cent dividend under dividend payout option of scheme named as “Pramerica Credit Opportunities Fund” on the face value of Rs 1000 per unit. The record date for the dividend is September 29. The investment objective of the Debt-Short Term scheme is to generate income by investing in debt/and money market securities across the credit spectrum. The scheme would also seek to maintain reasonable liquidity within the fund. The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Ritesh Jain is the fund manager of the scheme.

Sept 28 set as record date for div under “Escorts Short Term Debt Fund” 26/09/2014

Sept 28 set as record date for div under “Escorts Short Term Debt Fund”
26/09/2014 11:14
Escorts Mutual Fund has announced 1.1000 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 28. The latest NAV of the scheme is Rs 14.99. The investment objective of the Debt-Floaters scheme is to invest in various floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anuj Jain is the fund manager of the scheme.

ICICI Prudential MF launches NFO; subscription opens today 26/09/2014

ICICI Prudential MF launches NFO; subscription opens today
26/09/2014 11:09
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1103 Days Plan K” with maturity period of 1103 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on October 09. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including securitized debt and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments including securitized debt and 0 to 20 per cent of asset in money market instruments.

Sept 25 set as record date for div under “Escorts Income Plan - Direct Plan” 26/09/2014

Sept 25 set as record date for div under “Escorts Income Plan - Direct Plan”
26/09/2014 11:02
Escorts Mutual Fund has announced 0.9200 per cent dividend under dividend payout option of scheme named as “Escorts Income Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 28. The latest NAV of the scheme is Rs 11.64. The investment objective of the Debt-Income scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

Escorts MF announces 1.1% div for its Short Term Debt Fund - DP 26/09/2014

Escorts MF announces 1.1% div for its Short Term Debt Fund - DP
26/09/2014 11:01
Escorts Mutual Fund has announced 1.1000 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 28. The latest NAV of the scheme is Rs 15.02. The investment objective of the Debt-Floaters scheme is to invest in various floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Anuj Jain is the fund manager of the scheme.

1% div declared under Escorts Income Bond - Direct Plan 26/09/2014

1% div declared under Escorts Income Bond - Direct Plan
26/09/2014 11:00
Escorts Mutual Fund has announced 1.0000 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 28. The latest NAV of the scheme is Rs 34.84. The investment objective of the Debt-Income scheme is to generate current income and capital appreciation by investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

Most debt-based mutual funds underperform in last 5 years: Media Report 25/09/2014

Most debt-based mutual funds underperform in last 5 years: Media Report
25/09/2014 17:19
In terms of returns to investors, most of the debt-based mutual funds in the country underperformed compared to their respective S&P benchmark indices, over the last five years, says a report.
The comparative analysis between debt-based funds and S&P India's two benchmark indices -- government bond index and bond index -- is for the five years ended June 2014, said the media report.
According to the report by S&P Dow Jones Indices, more than 78 per cent mutual funds in Indian government bonds failed to beat S&P India Government Bond Index, while 53 per cent Indian Composite Bond funds were outperformed by S&P India Bond Index.
"The interest rate remained higher and impacted the active managers in the Indian government bond peer group which underperformed the S&P India Government Bond Index over one, three and five-year periods," Asia Index Private Ltd Senior Analyst Utkarsh Agrawal said.
"Almost a quarter of the funds in this peer group disappeared over the five-year period. Active managers in the Indian composite bond category also could not outperform the benchmark in the five-year period," Agarwal added.
Moreover, as many as 54.36 per cent large-cap equity funds underperformed compared to their benchmark index, S&P BSE 100, in the last five years.
In comparison, only about 34.3 per cent Indian Equity Linked Savings Scheme (ELSS) funds and 38.6 per cent Indian Equity Mid/Small Cap funds underperformed their respective benchmark indices -- S&P BSE 200 and S&P BSE Mid cap -- in the five year period, the report said.
The findings are based on S&P Indices Versus Active Funds (SPIVA) scorecard which measures performance of actively managed Indian mutual funds against their benchmarks.
"Although the actively managed Indian large-cap equity funds outperformed the S&P BSE 100 over a one-year period, they underperformed over the five-year period," Asia Index Private Ltd Senior Analyst Utkarsh Agrawal said.

Div declared for BNP Paribas Dividend Yield Fund - Direct Plan 25/09/2014

Div declared for BNP Paribas Dividend Yield Fund - Direct Plan
25/09/2014 11:06
BNP Paribas Mutual Fund has announced 1.0000 per cent dividend under dividend payout option of scheme named as “BNP Paribas Dividend Yield Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 15.23. The investment objective of the open ended equity-diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme is benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.

1% div declared under BNP Paribas Dividend Yield Fund 25/09/2014

1% div declared under BNP Paribas Dividend Yield Fund
25/09/2014 11:05
BNP Paribas Mutual Fund has announced 1.0000 per cent dividend under dividend payout option of scheme named as “BNP Paribas Dividend Yield Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 14.93. The investment objective of the open ended equity-diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme is benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.

Sept 26 set as record date for div under SBI Magnum Balanced Fund 25/09/2014

Sept 26 set as record date for div under SBI Magnum Balanced Fund
25/09/2014 11:03
SBI Mutual Fund has announced 8.5000 per cent dividend under dividend payout option of scheme named as “SBI Magnum Balanced Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 27.87. The investment objective of the open ended equity-balanced scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. R Srinivasan is the fund manager of the scheme.

IDFC MF declares div under IDFC Arbitrage Plus Fund Plan B 25/09/2014

IDFC MF declares div under IDFC Arbitrage Plus Fund Plan B
25/09/2014 11:02
IDFC Mutual Fund has announced 0.9200 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Plus Fund Plan B” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 12.21. The investment objective of the open ended equity-diversified scheme is to generate income by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.

10% div declared under Kotak Select Focus Fund 25/09/2014

10% div declared under Kotak Select Focus Fund
25/09/2014 11:01
Kotak Mahindra Mutual Fund has announced 10.000 per cent dividend under dividend payout option of scheme named as “Kotak Select Focus Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 17.91. The investment objective of the open ended equity-diversified scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. The performance of the scheme is benchmarked against CNX 200 Index. Harsha Upadhyaya is the fund manager of the scheme.

NFO for ‘SBI Debt Fund Series A – 43’ to close on Sept 25 24/09/2014

NFO for ‘SBI Debt Fund Series A – 43’ to close on Sept 25
24/09/2014 11:02
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series A – 43 (1111 Days)” with maturity period of 1111 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 18 and will close on September 25. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Rajeev Radhakrishnan will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide regular returns and capital growth with limited interest rate risk will be met by investing in a portfolio of debt instruments and money market securities. Hence, the scheme will allocate 60 to 100 per cent of asset in debt instruments and 0 to 40 per cent of asset in money market securities.

Sept 25 set as record date for div under “UTI Banking & PSU Debt Fund” 24/09/2014

Sept 25 set as record date for div under “UTI Banking & PSU Debt Fund”
24/09/2014 10:59
UTI Mutual Fund has announced 2.5000 per cent dividend under dividend payout option of scheme named as “UTI Banking & PSU Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 25. The latest NAV of the scheme is Rs 10.35. The investment objective of the Debt-Income scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Sudhir Agrawal is the fund manager of the scheme.

New plan under Birla Sun Life FTP launches today 23/09/2014

New plan under Birla Sun Life FTP launches today
23/09/2014 11:47
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LY (1101 days)” with maturity period of 1101 days from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 29.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (excluding money market instruments), money market instruments and government securities. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities (excluding money market instruments), 0 to 20 per cent of asset in money market instruments and 0 to 20 per cent of asset in government securities.

Sept 25 set as record date for div under “Canara Robeco Income - Direct Plan” 23/09/2014

Sept 25 set as record date for div under “Canara Robeco Income - Direct Plan”
23/09/2014 11:05
Canara Robeco Mutual Fund has announced 2.0000 per cent dividend under dividend payout option of scheme named as “Canara Robeco Income - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 25. The latest NAV of the scheme is Rs 13.58. The investment objective of the Debt-Income scheme is to generate income through investment in debt and money market securities of different maturity and issuers of different risk profiles. The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Avnish Jain is the fund manager of the scheme.

Div declared for Birla Sun Life MF’s Focused Equity Fund - Series 1 23/09/2014

Div declared for Birla Sun Life MF’s Focused Equity Fund - Series 1
23/09/2014 11:05
Birla Sun Life Mutual Fund has announced 6.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Focused Equity Fund - Series 1” on the face value of Rs 10 per unit. The record date for the dividend is September 25. The latest NAV of the scheme is Rs 13.72. The investment objective of the equity-diversified scheme is to generate capital appreciation, from a portfolio of equity securities specified as eligible securities for Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS). The performance of the scheme is benchmarked against CNX 100 Index. Anil Shah is the fund manager of the scheme.

Axis MF announces 2% div for Fixed Term Plan - Series 57 23/09/2014

Axis MF announces 2% div for Fixed Term Plan - Series 57
23/09/2014 11:04
Axis Mutual Fund has announced 2.0000 per cent dividend under dividend payout option of scheme named as “Axis Fixed Term Plan - Series 57” on the face value of Rs 10 per unit. The record date for the dividend is September 25. The latest NAV of the scheme is Rs 10.32. The investment objective of the Debt-FMP scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Kedar Karnik is the fund manager of the scheme.

2% div declared under Axis Fixed Term Plan - Series 64 23/09/2014

2% div declared under Axis Fixed Term Plan - Series 64
23/09/2014 11:03
Axis Mutual Fund has announced 2.0000 per cent dividend under dividend payout option of scheme named as “Axis Fixed Term Plan - Series 64” on the face value of Rs 10 per unit. The record date for the dividend is September 25. The latest NAV of the scheme is Rs 10.40. The investment objective of the Debt-FMP scheme is to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Kedar Karnik is the fund manager of the scheme.

Reliance MF launches new plan under Series 7 22/09/2014

Reliance MF launches new plan under Series 7
22/09/2014 11:10
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 7” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 19 and it will close today. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments and government securities & debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in government securities & debt instruments.

3% div declared under Principal Debt Savings Fund - MIP (Quarterly Dividend) 22/09/2014

3% div declared under Principal Debt Savings Fund - MIP (Quarterly Dividend)
22/09/2014 10:59
Principal Mutual Fund has announced 3.0050 per cent dividend under dividend payout option of scheme named as “Principal Debt Savings Fund - MIP (Quarterly Dividend)” on the face value of Rs 10 per unit. The record date for the dividend is September 24. The latest NAV of the scheme is Rs 12.53. The investment objective of the Debt-MIP fund scheme is to generate regular income through investments in fixed income securities so as to make periodical income distribution to the Unitholders and also to generate long-term capital appreciation by investing a portion of the Schemes assets in equity and equity related instruments. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Pankaj Jain is the fund manager of the scheme.

SBI MF announces 0.7% div for Arbitrage Opportunities Fund 22/09/2014

SBI MF announces 0.7% div for Arbitrage Opportunities Fund
22/09/2014 10:55
SBI Mutual Fund has announced 0.7000 per cent dividend under dividend payout option of scheme named as “SBI Arbitrage Opportunities Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 24. The latest NAV of the scheme is Rs 18.15. The investment objective of the equity-diversified scheme is to provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Suchita Shah is the fund manager of the scheme.

Sept 24 set as record date for div under “Reliance Interval Fund I - HYS2” 22/09/2014

Sept 24 set as record date for div under “Reliance Interval Fund I - HYS2”
22/09/2014 10:50
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund I - Half yearly Series 2” on the face value of Rs 10 per unit. The record date for the dividend is September 24. The latest NAV of the scheme is Rs 10.42. The investment objective of the debt-income scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the next specified transaction date of the scheme with the objective of limiting interest rate volatility Central and State Government securities and other fixed income/ debt securities. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

Div declared under Reliance Interval Fund I - Half yearly Series 2 - Direct Plan 22/09/2014

Div declared under Reliance Interval Fund I - Half yearly Series 2 - Direct Plan
22/09/2014 10:47
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund I - Half yearly Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 24. The latest NAV of the scheme is Rs 10.43. The investment objective of the debt-income scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the next specified transaction date of the scheme with the objective of limiting interest rate volatility Central and State Government securities and other fixed income/ debt securities. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

IDFC FTP S1 - Fixes Record Date for Dividend on Mutual Fund 19/09/2014Dividend on Mutual Fund

IDFC FTP S1 - Fixes Record Date for Dividend on Mutual Fund
19/09/2014 12:39
IDFC Fixed Term Plan- Series 1- Half Yearly Dividend has informed BSE that September 19, 2014 has been fixed as the Record Date for the purpose of Dividend on Mutual Fund

New plan under DWS FMP launches today 19/09/2014

New plan under DWS FMP launches today
19/09/2014 11:08
Deutsche Mutual Fund has launched a new close ended debt fund scheme named “DWS Fixed Maturity Plan – Series 77 (1100 days)” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 26. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rakesh Suri will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of domestic debt instruments including government securities excluding money market instrument and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in domestic debt instruments including government securities excluding money market instrument and 0 to 20 per cent of asset in money market instruments.

Sept 23 set as record date for div under “Reliance Interval Fund I - Half yearly Series 2 - Direct Plan” 19/09/2014

Sept 23 set as record date for div under “Reliance Interval Fund I - Half yearly Series 2 - Direct Plan”
19/09/2014 11:05
Reliance Mutual Fund has announced 4.2230 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund I - Half yearly Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 23. The latest NAV of the scheme is Rs 10.43. The investment objective of the debt-income scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the next specified transaction date of the scheme with the objective of limiting interest rate volatility Central and State Government securities and other fixed income/ debt securities. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

Reliance MF announces 4% div for Interval Fund I - HY Series 2 19/09/2014

Reliance MF announces 4% div for Interval Fund I - HY Series 2
19/09/2014 11:04
Reliance Mutual Fund has announced 4.1230 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund I - Half yearly Series 2” on the face value of Rs 10 per unit. The record date for the dividend is September 23. The latest NAV of the scheme is Rs 10.42. The investment objective of the debt-income scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities which are maturing on or before the next specified transaction date of the scheme with the objective of limiting interest rate volatility Central and State Government securities and other fixed income/ debt securities. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

30% div declared under Birla Sun Life Buy India Fund - Direct Plan 19/09/2014

30% div declared under Birla Sun Life Buy India Fund - Direct Plan
19/09/2014 11:03
Birla Sun Life Mutual Fund has announced 30.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Buy India Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was September 18. The latest NAV of the scheme was Rs 36.56. The investment objective of the open-end growth scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in businesses that are driven by India’s large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Ajay Garg is the fund manager of the scheme.

Div declared for Tata MF’s Money Market Fund Plan A 19/09/2014

Div declared for Tata MF’s Money Market Fund Plan A
19/09/2014 10:59
Tata Mutual Fund has announced 0.0183 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund Plan A” on the face value of Rs 1000 per unit. The record date for the dividend was September 17. The latest NAV of the scheme was Rs 1,001.52. The investment objective of the liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Tata MF declares div under Tata Money Market A 18/09/2014

Tata MF declares div under Tata Money Market A
18/09/2014 11:13
Tata Mutual Fund has declared 0.0183 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund Plan A” on the face value of Rs 1000 per unit. The record date for the dividend was September 15. The latest NAV of the scheme was Rs 1,001.52. The investment objective of the open ended liquid fund is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

5% div declared under Sundaram Tax Saver - Direct Plan 18/09/2014

5% div declared under Sundaram Tax Saver - Direct Plan
18/09/2014 11:05
Sundaram Mutual Fund has announced 5.000 per cent dividend under dividend payout option of scheme named as “Sundaram Tax Saver - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 19. The latest NAV of the scheme was Rs 14.88. The investment objective of the open ended equity linked scheme is to achieve capital appreciation by investing in a well diversified basket of equities and equity related instruments. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). J Venkatesan is the fund manager of the scheme.

JM Fin MF announces div under Arbitrage Advantage Fund - DP 18/09/2014

JM Fin MF announces div under Arbitrage Advantage Fund - DP
18/09/2014 10:58
JM Financial Mutual Fund has declared 0.8000 per cent dividend under dividend payout option of scheme named as “JM Arbitrage Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was September 17. The latest NAV of the scheme was Rs 10.52. The investment objective of the open ended equity diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Chaitanya Choksi is the fund manager of the scheme.

NFO for ‘ICICI Prudential Growth Fund’ to close on Oct 1 17/09/2014

NFO for ‘ICICI Prudential Growth Fund’ to close on Oct 1
17/09/2014 11:31
ICICI Prudential Mutual Fund has launched a new close ended equity scheme named “ICICI Prudential Growth Fund- Series 3” with maturity period of 1278 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on October 01. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The option available under the Plan of the Scheme is Dividend Payout option. The performance of the scheme will be benchmarked against CNX Nifty Index. Manish Gunwani and Ashwin Jain will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide capital appreciation will be met by investing in a portfolio of equity & equity related instruments and debt, money market instruments & cash instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in equity & equity related instruments and 0 to 20 per cent of asset in debt, money market instruments & cash instruments

New plan under ICICI Prudential FMP launches today 17/09/2014

New plan under ICICI Prudential FMP launches today
17/09/2014 11:30
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan J” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including securitized debt and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments including securitized debt and 0 to 30 per cent of asset in money market instruments.

8% div declared under Birla Sun Fixed Term Plan - Series HY - Direct Plan 17/09/2014

8% div declared under Birla Sun Fixed Term Plan - Series HY - Direct Plan
17/09/2014 11:29
Birla Sun Life Mutual Fund has announced 8.0082 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series HY - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was September 15. The latest NAV of the scheme was Rs 10.01. The investment objective of the debt-FMP scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Birla Sun Life MF announces div for its Cash Plus - Retail Plan 17/09/2014

Birla Sun Life MF announces div for its Cash Plus - Retail Plan
17/09/2014 11:28
Birla Sun Life Mutual Fund has announced 0.0298 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was September 14. The latest NAV of the scheme was Rs 163.69. The investment objective of the open-ended liquid scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Div declared for ICICI Prudential MF’s Money Market Fund 17/09/2014

Div declared for ICICI Prudential MF’s Money Market Fund
17/09/2014 11:28
ICICI Prudential Mutual Fund has announced 0.0168 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was September 14. The latest NAV of the scheme was Rs 100.11. The investment objective of the liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Manish Banthia is the fund manager of the scheme.

MF scheme launched for NRI investors in Oman 16/09/2014

MF scheme launched for NRI investors in Oman
16/09/2014 15:34
A new mutual fund scheme for NRI investors in Oman has been launched by an Indian asset management company, reported PTI.
The mutual fund, Select Micro Cap Series VI launched by Sundaram Asset Management Company, is for a 42-month period and 75 per cent of the corpus fund will be invested in Indian growth stocks.
The fund will focus on capital appreciation by investing predominantly in equity-related instruments of companies that can be termed as micro-caps, a Times of Oman report said.
“A company whose market capitalization is equal to or lower than that of the 301st stock by market cap on the National Stock Exchange (NSE) at the time of investment will be considered to be in micro-cap category,” head of Sundaram Asset Management Company, Middle East and Africa Region, Ramesh Krishnamurthy said.
He said this while making a presentation on the mutual fund scheme as well as about the economic outlook of India, which was organized by QBG Geojit Securities recently, the report said.
Krishnamurthy said a minimum of 65 per cent will be invested in micro-cap companies, 35 per cent in other equity and equity-related securities, fixed income securities and money market instruments.
He said the investor-friendly policies of the new Indian government have already started generating results.
The government is focused on developing infrastructure, which will support growth.
He said the uncertainties that haunted the market in the past are not there.

Sept 14 set as div record date under “Tata Money Market Fund Plan A” 16/09/2014

Sept 14 set as div record date under “Tata Money Market Fund Plan A”
16/09/2014 11:14
Tata Mutual Fund has announced 0.0191 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund Plan A” on the face value of Rs 1000 per unit.
The record date for the dividend is September 14. The latest NAV of the scheme is Rs 1,001.52.
The investment objective of the liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Div declared under IDFC Ultra Short Term Fund 16/09/2014

Div declared under IDFC Ultra Short Term Fund
16/09/2014 11:13
IDFC Mutual Fund has announced 0.0153 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit.
The record date for the dividend was September 12. The latest NAV of the scheme was Rs 10.02.
The investment objective of the debt-short term scheme is to generate stable returns with low risk strategy. The scheme will have a portfolio that is invested in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.

ICICI Prudential MF declares 7.5% div 16/09/2014

ICICI Prudential MF declares 7.5% div
16/09/2014 11:13
ICICI Prudential Mutual Fund has announced 7.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 3” on the face value of Rs 10 per unit.
The record date for the dividend was September 12. The latest NAV of the scheme was Rs 14.28.
The investment objective of the equity-diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Sankaran Naren is the fund manager of the scheme.

Tata MF’s NFO to close on Sept 18 16/09/2014

Tata MF’s NFO to close on Sept 18
16/09/2014 11:10
Tata Mutual Fund has launched a new close ended debt scheme named “Tata Fixed Maturity Plan Series 48 - Scheme F (1100 days)” with maturity period of 1100 days from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 08 and will close on September 18.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Amit Somani will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to generate income and/or capital appreciation will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 85 to 100 per cent of asset in debt instruments and 0 to 25 per cent of asset in money market instruments.

LIC Nomura MF launches new plan under Series 5 16/09/2014

LIC Nomura MF launches new plan under Series 5
16/09/2014 11:09
LIC Nomura Mutual Fund has launched a new close ended capital protection oriented scheme named “LIC NOMURA MF Capital Protection Oriented Fund Series 5 (38 Months)” with maturity period of 38 months from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option.
The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Kunal Jain and Sachin Relekar will be the Fund Managers of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to achieve capital protection will be met by investing in a portfolio of debt securities and money market instruments and options premium, equity and equity related instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities and money market instruments and 0 to 20 per cent of asset in options premium, equity and equity related instruments

Sundaram MF’s NFO to close on September 24 15/09/2014

Sundaram MF’s NFO to close on September 24
15/09/2014 11:26
Sundaram Mutual Fund has launched a new close ended equity scheme named “Sundaram Select Micro Cap Series VI (42 Months)” with maturity period of 42 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 10 and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against S&P BSE Small Cap Index. S Krishnakumar and Dwijendra Srivastava will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to seek capital appreciation will be met by investing in a portfolio of equity and equity related securities of companies of micro-caps, other equity and fixed income and money market securities. Hence, the scheme will allocate 65 to 100 per cent of asset in equity and equity related securities of companies of micro-caps, 0 to 35 per cent of asset in other equity and 0 to 35 per cent of asset in fixed income and money market securities.

SBI MF launches Equity Opportunities Fund 15/09/2014

SBI MF launches Equity Opportunities Fund
15/09/2014 11:21
SBI Mutual Fund has launched a new close ended equity scheme named “SBI Equity Opportunities Fund - Series I” with maturity period of 3 years from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 11 and will close on September 25. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against S&P BSE 500. Dharmendra Grover will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate capital appreciation will be met by investing in a portfolio of equity and equity related instruments including derivatives and debt and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in equity and equity related instruments including derivatives and 0 to 20 per cent of asset in debt and money market instruments.

Birla Sun Life MF’s NFO to close on Sept 24 15/09/2014

Birla Sun Life MF’s NFO to close on Sept 24
15/09/2014 11:19
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LX (1099 days)” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (excluding money market instruments), money market instruments and government securities. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities (excluding money market instruments), 0 to 20 per cent of asset in money market instruments and 0 to 20 per cent of asset in government securities.

1098-day maturity period scheme launched by Religare Invesco MF 12/09/2014

1098-day maturity period scheme launched by Religare Invesco MF
12/09/2014 11:32
Religare Invesco Mutual Fund has launched a new close ended debt scheme named “Religare Invesco Fixed Maturity Plan - Series 24 - Plan E (1098 Days)” with maturity period of 1098 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Nitish Sikand will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments and 0 to 30 per cent of asset in money market instruments.

Dual Advantage FTF launched by Reliance MF 12/09/2014

Dual Advantage FTF launched by Reliance MF
12/09/2014 11:31
Reliance Mutual Fund has launched a new close ended hybrid scheme named “Reliance Dual Advantage Fixed Tenure Fund VI- Plan C” with maturity period of 1113 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Fund Index. Krishan Daga and Anju Chajjer will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and reduce interest rate volatility will be met by investing in a portfolio of debt securities, money market instruments and equity & equity related instruments (including options premium). Hence, the scheme will allocate 65 to 95 per cent of asset in debt securities, 0 to 30 per cent of asset in money market instruments and 5 to 20 per cent of asset in equity & equity related instruments (including options premium).

NFO by ICICI Prudential MF opens today 12/09/2014

NFO by ICICI Prudential MF opens today
12/09/2014 11:30
ICICI Prudential Mutual Fund has launched a new close ended income fund scheme named “ICICI Prudential Multiple Yield Fund – Series 7 – 1338 Days – Plan D” with maturity period of 1338 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 25. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Vinay Sharma, Rahul Goswami, Aditya Pagaria and Ashwin Jain will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (including government securities), money market securities, cash & cash equivalent and equity or equity related securities. Hence, the scheme will allocate 65 to 95 per cent of asset in debt securities (including government securities), 0 to 30 per cent of asset in money market securities, cash & cash equivalent and 5 to 35 per cent of asset in equity or equity related securities.

DSP BlackRock MF’s NFO opens today 12/09/2014

DSP BlackRock MF’s NFO opens today
12/09/2014 11:29
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock FTP - Series 44 - 36M” with maturity period of 36 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 23. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Dhawal Dalal will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and seek capital appreciation will be met by investing in a portfolio of debt securities and money market securities. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities and 0 to 20 per cent of asset in money market securities.

Reliance MF’s NFO opens for subscription 11/09/2014

Reliance MF’s NFO opens for subscription
11/09/2014 11:08
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 6” with maturity period of 1106 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 10 and will close on September 15. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments and government securities & debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in government securities & debt instruments

NFO for Plan H of L&T to close on Sep 18 11/09/2014

NFO for Plan H of L&T to close on Sep 18
11/09/2014 11:07
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN H (1120 days)” with maturity period of 1120 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 10 and will close on September 18. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 90 to 100 per cent of asset in debt instruments and 0 to 10 per cent of asset in money market instruments.

90-day maturity period scheme launched by L&T MF 11/09/2014

90-day maturity period scheme launched by L&T MF
11/09/2014 11:06
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN F (90 days)” with maturity period of 90 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 10 and it will close today. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Liquid Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of money market and debt instruments. Hence, the scheme will allocate 100 per cent of asset in money market and debt instruments.

Plan G of 202 days launched by L&T MF 11/09/2014

Plan G of 202 days launched by L&T MF
11/09/2014 11:06
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN G (202 days)” with maturity period of 202 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 10 and will close on September 17. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of money market and debt instruments. Hence, the scheme will allocate 100 per cent of asset in money market and debt instruments.

New Fund Offer for 1125 days by L&T MF opens today 10/09/2014

New Fund Offer for 1125 days by L&T MF opens today
10/09/2014 11:22
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN E (1125 days)” with maturity period of 1125 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 90 to 100 per cent of asset in debt instruments and 0 to 10 per cent of asset in money market instruments.

L&T MF launches new plan under series XI 10/09/2014

L&T MF launches new plan under series XI
10/09/2014 11:22
L&T Mutual Fund has launched a new close-ended debt scheme named “L&T FMP SERIES XI-PLAN D (1130 days)” with maturity period of 1130 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 9 and will close on September 12. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Vikram Chopra and Richa Sharma will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to achieve growth of capital will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 90 to 100 per cent of asset in debt instruments and 0 to 10 per cent of asset in money market instruments.

40-month scheme launched by DSP BlackRock MF 10/09/2014

40-month scheme launched by DSP BlackRock MF
10/09/2014 11:08
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock Dual Advantage Fund - Series 29 - 40M” with maturity period of 40 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 24. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Dhawal Dalal and Vinit Sambre will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and seek capital appreciation will be met by investing in a portfolio of debt securities, money market securities and equity & equity related securities. Hence, the scheme will allocate 50 to 95 per cent of asset in debt securities, 0 to 15 per cent of asset in money market securities and 5 to 35 per cent of asset in equity & equity related securities.

Franklin Templeton MF declares 7% div 10/09/2014

Franklin Templeton MF declares 7% div
10/09/2014 10:57
Franklin Templeton Mutual Fund has announced 7.0000 per cent dividend under dividend payout option of scheme named as “Templeton India Equity Income Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 12. The latest NAV of the scheme is Rs 16.53. The investment objective of the open end equity fund scheme is to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Chetan Sehgal is the fund manager of the scheme.

Franklin Tempt MF declares div under 'Direct plan' 10/09/2014

Franklin Tempt MF declares div under 'Direct plan'
10/09/2014 10:56
Franklin Templeton Mutual Fund has announced 7.0000 per cent dividend under dividend payout option of scheme named as “Templeton India Equity Income Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 12. The latest NAV of the scheme is Rs 16.68. The investment objective of the open end equity fund scheme is to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Chetan Sehgal is the fund manager of the scheme.

MF schemes attracts over Rs 1 lakh cr investment in August 09/09/2014

MF schemes attracts over Rs 1 lakh cr investment in August
09/09/2014 15:30
Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow, reported PTI.
As per the latest data available with the Securities and Exchange Board of India, investors have put in Rs 1,00,181 crore in mutual fund schemes (MF) last month after pouring in a staggering Rs 1,13,216 crore in July.
There was an outflow of Rs 59,726 crore in June.
At gross level, MFs mobilised Rs 43.67 lakh crore in August, while there were redemptions worth Rs 42.67 lakh crore as well. This resulted in a net inflow of over Rs 1 lakh crore.
This significant level of funds mobilisation has also led to increase in the total assets under management of MFs that surged to Rs 10.12 lakh crore as on August 31, from Rs 10.06 lakh crore in the previous month.
According to market analysts, investors have put in most of the money in equity mutual fund and equity-linked savings schemes.

New Fund Offer by ICICI Prudential MF opens today 09/09/2014

New Fund Offer by ICICI Prudential MF opens today
09/09/2014 11:02
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan I” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 17. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Bhuskute and Nikhil Paranjape will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including securitized debt and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments including securitized debt and 0 to 30 per cent of asset in money market instruments.

Sept 12 set as div record date under “SBI Magnum Multiplier Plus93” 09/09/2014

Sept 12 set as div record date under “SBI Magnum Multiplier Plus93”
09/09/2014 11:01
SBI Mutual Fund has announced 115.0000 per cent dividend under dividend payout option of scheme named as “SBI Magnum Multiplier Plus93” on the face value of Rs 10 per unit. The record date for the dividend is September 12. The latest NAV of the scheme is Rs 86.24. The investment objective of the equity-diversified scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme. The scheme will invest in a diversified portfolio of equities of high growth companies. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Jayesh Shroff is the fund manager of the scheme.

Birla Sun Life MF declares 16% dividend on New Millenium Fund 09/09/2014

Birla Sun Life MF declares 16% dividend on New Millenium Fund
09/09/2014 11:00
Birla Sun Life Mutual Fund has announced 16 per cent dividend under dividend payout option of scheme named as “Birla Sun Life New Millenium Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 11. The latest NAV of the scheme is Rs 20.14. The investment objective of the open-end growth scheme is to provide long term growth of capital, through a portfolio with a target allocation of 100 per cent equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The performance of the scheme is benchmarked against BSE TECk Index. Naysar Shah is the fund manager of the scheme.

ICICI Prudential MF sets record date for div as Sept 11 09/09/2014

ICICI Prudential MF sets record date for div as Sept 11
09/09/2014 10:59
ICICI Prudential Mutual Fund has announced 7.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 3” on the face value of Rs 10 per unit. The record date for the dividend is September 11. The latest NAV of the scheme is Rs 14.65. The investment objective of the equity-diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Sankaran Naren is the fund manager of the scheme.

7.5% div declared under “ICICI Prudential Value Fund - Series 3 - Direct Plan” 09/09/2014

7.5% div declared under “ICICI Prudential Value Fund - Series 3 - Direct Plan”
09/09/2014 10:58
ICICI Prudential Mutual Fund has announced 7.5000 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 3 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 11. The latest NAV of the scheme is Rs 14.73. The investment objective of the equity-diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis. The performance of the scheme is benchmarked against S&P BSE 500. Sankaran Naren is the fund manager of the scheme.

New scheme of LIC Nomura MF launched under Series 88 08/09/2014

New scheme of LIC Nomura MF launched under Series 88
08/09/2014 11:18
LIC Nomura Mutual Fund has launched a new close ended income scheme named “LIC NOMURA MF Fixed Maturity Plan Series 88 (1100 Days)” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 05 and will close on September 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Killol Pandya will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to minimize interest rate risk will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 75 to 100 per cent of asset in debt instruments and 0 to 25 per cent of asset in money market instruments

NFO launched by Birla Sun Life MF to close on September 16 08/09/2014

NFO launched by Birla Sun Life MF to close on September 16
08/09/2014 11:17
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series LW (1099 days)” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 16. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Kaustubh Gupta will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt securities (excluding money market instruments), money market instruments and government securities. Hence, the scheme will allocate 80 to 100 per cent of asset in debt securities (excluding money market instruments), 0 to 20 per cent of asset in money market instruments and 0 to 20 per cent of asset in government securities.

Sept 10 set as record date for div under “Edelweiss Arbitrage Fund - Direct Plan” 08/09/2014

Sept 10 set as record date for div under “Edelweiss Arbitrage Fund - Direct Plan”
08/09/2014 11:16
Edelweiss Mutual Fund has announced 0.6000 per cent dividend under dividend payout option of scheme named as “Edelweiss Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 10. The latest NAV of the scheme is Rs 10.19. The investment objective of the equity-diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Bhavesh Jain is the fund manager of the scheme.

Dividend of 0.4% declared under “Edelweiss Arbitrage Fund” 08/09/2014

Dividend of 0.4% declared under “Edelweiss Arbitrage Fund”
08/09/2014 11:15
Edelweiss Mutual Fund has announced 0.4000 per cent dividend under dividend payout option of scheme named as “Edelweiss Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 10. The latest NAV of the scheme is Rs 10.18. The investment objective of the equity-diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Bhavesh Jain is the fund manager of the scheme.

Record date for div under “Reliance Interval Fund - Quarterly Series 3 - Institutional Plan” set 08/09/2014

Record date for div under “Reliance Interval Fund - Quarterly Series 3 - Institutional Plan” set
08/09/2014 11:14
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 3 - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 09. The latest NAV of the scheme is Rs 10.21. The investment objective of the debt-income scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government Securities & other fixed income / debt securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Tripathi is the fund manager of the scheme.

Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 5”; NFO to close on September 15 05/09/2014

Reliance MF launches “Reliance Fixed Horizon Fund- XXVII- Series 5”; NFO to close on September 15
05/09/2014 11:00
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 5” with maturity period of 1106 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on September 15. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the Plan of the Scheme are Growth and Dividend payout option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Amit Tripathi will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a portfolio of money market instruments and government securities & debt instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in government securities & debt instruments.

Baroda Pioneer MF declares dividend under “Baroda Pioneer Banking and Financial Services Fund - Plan B - Direct Plan&rd 05/09/2014

Baroda Pioneer MF declares dividend under “Baroda Pioneer Banking and Financial Services Fund - Plan B - Direct Plan&rd
05/09/2014 10:37
Baroda Pioneer Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Baroda Pioneer Banking and Financial Services Fund - Plan B - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 09. The latest NAV of the scheme is Rs 14.35. The investment objective of the equity-sector fund scheme is to generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity related securities of companies engaged in the Banking and Financial Services Sector. The performance of the scheme is benchmarked against CNX Bank Index. Dipak Acharya is the fund manager of the scheme

Reliance MF declares dividend under “Reliance Interval Fund - Quarterly Series 3 - Direct Plan” 05/09/2014

Reliance MF declares dividend under “Reliance Interval Fund - Quarterly Series 3 - Direct Plan”
05/09/2014 10:36
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 3 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 09. The latest NAV of the scheme is Rs 10.20. The investment objective of the debt-income scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government Securities & other fixed income / debt securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Tripathi is the fund manager of the scheme.

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan D (1099 Days)”; NFO to clos 04/09/2014

Religare Invesco MF launches “Religare Invesco Fixed Maturity Plan - Series 24 - Plan D (1099 Days)”; NFO to clos
04/09/2014 10:57
Religare Invesco Mutual Fund has launched a new close ended debt scheme named “Religare Invesco Fixed Maturity Plan - Series 24 - Plan D (1099 Days)” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 03 and will close on September 08. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Growth and Dividend Payout option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Nitish Sikand will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments and 0 to 20 per cent of asset in money market instruments.

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan H”; NFO to close on S 04/09/2014

ICICI Prudential MF launches “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan H”; NFO to close on S
04/09/2014 10:44
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan H” with maturity period of 1100 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 03 and will close on September 09. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the Plan of the Scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Rahul Goswami and Rohan Maru will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt instruments including securitized debt and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments including securitized debt and 0 to 30 per cent of asset in money market instruments.

Reliance MF declares dividend under “Reliance Interval Fund - Quarterly Series 3 - Direct Plan” 04/09/2014

Reliance MF declares dividend under “Reliance Interval Fund - Quarterly Series 3 - Direct Plan”
04/09/2014 10:32
Reliance Mutual Fund has announced 1.8150 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 3 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is September 08. The latest NAV of the scheme is Rs 10.20. The investment objective of the debt-income scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government Securities & other fixed income / debt securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Tripathi is the fund manager of the scheme.

Sundaram MF launches “Sundaram Fixed Term Plan GK” 03/09/2014

Sundaram MF launches “Sundaram Fixed Term Plan GK”
03/09/2014 10:21
Sundaram Mutual Fund has launched a new close ended income scheme named “Sundaram Fixed Term Plan GK” with maturity period of 1120 days from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 2 and will close on September 10.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The option available under the Plan of the Scheme is Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL Short Term Bond Fund Index. Sandeep Agarwal will be the Fund Manager of the scheme.
The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of debt & money market instruments. Hence, the scheme will allocate 0 to 30 per cent of asset in money market instruments and 70 to 100 per cent of asset in short term and medium term debt instruments.

Birla Sun Life MF declares dividend under “Birla Sun Life Short Term Fund - Direct Plan” 03/09/2014

Birla Sun Life MF declares dividend under “Birla Sun Life Short Term Fund - Direct Plan”
03/09/2014 09:46
Birla Sun Life Mutual Fund has announced 7.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Short Term Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend was September 05. The latest NAV of the scheme is Rs 10.95.
The investment objective of the open-ended income scheme is to generate income and capital appreciation by investing 100 per cent of the corpus in a diversified portfolio of debt and money market securities.
The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Prasad Dhonde is the fund manager of the scheme.

Canara Robeco MF launches “Canara Robeco Capital Protection Oriented Fund - Series 3”; NFO to close on September 02/09/2014

Canara Robeco MF launches “Canara Robeco Capital Protection Oriented Fund - Series 3”; NFO to close on September
02/09/2014 11:02
Canara Robeco Mutual Fund has launched a new close ended capital protection oriented scheme named “Canara Robeco Capital Protection Oriented Fund - Series 3” with maturity period of 37 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on September 01 and will close on September 12. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The option available under the Plan of the Scheme is Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Fund Index. Krishna Sanghavi and Suman Prasad will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to seek capital protection will be met by investing in a portfolio of Indian debt instruments & money market instruments and equity & equity related instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in Indian debt instruments & money market instruments and 0 to 30 per cent of asset in equity & equity related instruments.