1% div announced under BNP Paribas Dividend Yield Fund - Direct Plan 31/10/2014

1% div announced under BNP Paribas Dividend Yield Fund - Direct Plan
31/10/2014 11:06
BNP Paribas Mutual Fund has announced 1 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 October 31. The latest NAV of the scheme is Rs 15.48. The investment objective of the 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.

IDFC MF launches “IDFC Fixed Term Plan Series -106 (1098 Days)”; NFO to close on Nov 10 31/10/2014

IDFC MF launches “IDFC Fixed Term Plan Series -106 (1098 Days)”; NFO to close on Nov 10
31/10/2014 11:01
IDFC Mutual Fund has launched a new close ended income scheme named “IDFC Fixed Term Plan Series -106 (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 November 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 10,000 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. Anupam Joshi 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 money market instruments (including CBLO) and debt securities. Hence, the scheme will allocate 0 to 20 per cent of asset in money market instruments (including CBLO) and 80 to 100 per cent of asset in debt securities.

Div declared for BNP Paribas Dividend Yield Fund 31/10/2014

Div declared for BNP Paribas Dividend Yield Fund
31/10/2014 10:50
BNP Paribas Mutual Fund has announced 1 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 October 31. The latest NAV of the scheme is Rs 15.15. The investment objective of the 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.

Franklin Templeton MF announces div under India Life Stage Fund of Funds - 30s Plan – DP 31/10/2014

Franklin Templeton MF announces div under India Life Stage Fund of Funds - 30s Plan – DP
31/10/2014 10:43
Franklin Templeton Mutual Fund has announced 16.33 per cent dividend under dividend payout option of scheme named as “Franklin India Life Stage Fund of Funds - 30s Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 25.32. The investment objective of the funds of funds scheme is to generate superior risk adjusted returns to investors in line with their chosen asset allocation. Anand Radhakrishnan is the fund manager of the scheme.

Oct 31 set as record date for div under “ICICI Prudential Blended Plan A - DP” 31/10/2014

Oct 31 set as record date for div under “ICICI Prudential Blended Plan A - DP”
31/10/2014 10:42
ICICI Prudential Mutual Fund has announced 0.6850 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Blended Plan A - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 13.59. The investment objective of the equity - balanced fund scheme is to provide capital appreciation and income distribution to unitholders by investing in Equity & Equity related securities including derivatives and the balance portion in debt securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Kayzad Eghlim is the fund manager of the scheme.

Plan P under FMP-Series 75 launched by ICICI Prudential MF 30/10/2014

Plan P under FMP-Series 75 launched by ICICI Prudential MF
30/10/2014 11:15
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1103 Days Plan P” 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 November 5. 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.

1100-day maturity period scheme launched by ICICI Prudential MF 30/10/2014

1100-day maturity period scheme launched by ICICI Prudential MF
30/10/2014 11:03
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan Q” 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 November 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 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.

9% div announced under Franklin India Life Stage Fund of Funds - 40s Plan - DP 30/10/2014

9% div announced under Franklin India Life Stage Fund of Funds - 40s Plan - DP
30/10/2014 10:50
Franklin Templeton Mutual Fund has announced 9.07 per cent dividend under dividend payout option of scheme named as “Franklin India Life Stage Fund of Funds - 40s Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 15.93. The investment objective of the funds of funds scheme is to generate superior risk adjusted returns to investors in line with their chosen asset allocation. Anand Radhakrishnan is the fund manager of the scheme.

Div declared for ICICI Prudential Equity - Arbitrage Fund - DP 30/10/2014

Div declared for ICICI Prudential Equity - Arbitrage Fund - DP
30/10/2014 10:47
ICICI Prudential Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Equity - Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 14.29. The investment objective of the equity - diversified scheme is to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Manish Banthia is the fund manager of the scheme.

Edelweiss MF announces div under Absolute Return Fund – DP 30/10/2014

Edelweiss MF announces div under Absolute Return Fund – DP
30/10/2014 10:42
Edelweiss Mutual Fund has announced 2.2 per cent dividend under dividend payout option of scheme named as “Edelweiss Absolute Return Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 14.15. The investment objective of the equity - diversified scheme is to generate absolute returns with low volatility over a longer tenure of time. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Paul Parampreet is the fund manager of the scheme.

ICICI Prudential MF launches NFO; subscription opens today 29/10/2014

ICICI Prudential MF launches NFO; subscription opens today
29/10/2014 11:20
ICICI Prudential Mutual Fund has launched a new debt oriented interval fund scheme named “ICICI Prudential Interval Fund - Series VIII - Annual Interval Plan A” with maturity period of 368 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 30. 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. Aditya Pagaria 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 optimal returns consistent with moderate levels of risk and liquidity will be met by investing in a portfolio of money market instruments and government securities issued by Central & / or State Govt. and other fixed income / debt securities (including but not limited to corporate debt and securitised debt). Hence, the scheme will allocate 60 to 100 per cent of asset in money market instruments and 0 to 40 per cent of asset in government securities issued by Central & / or State Govt. and other fixed income / debt securities (including but not limited to corporate debt and securitised debt).

NFO for ‘Birla Sun Life FTP - Series MD (1099 days)’ to close on Nov 4 29/10/2014

NFO for ‘Birla Sun Life FTP - Series MD (1099 days)’ to close on Nov 4
29/10/2014 10:59
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series MD (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 November 04. 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.

Div declared for Franklin India Life Stage Fund of Funds - 30s Plan 29/10/2014

Div declared for Franklin India Life Stage Fund of Funds - 30s Plan
29/10/2014 10:50
Franklin Templeton Mutual Fund has announced 16.33 per cent dividend under dividend payout option of scheme named as “Franklin India Life Stage Fund of Funds - 30s Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 24.91. The investment objective of the funds of funds scheme is to generate superior risk adjusted returns to investors in line with their chosen asset allocation. Anand Radhakrishnan is the fund manager of the scheme.

ICICI Prudential MF announces 10% div for its Top 200 Fund - DP 29/10/2014

ICICI Prudential MF announces 10% div for its Top 200 Fund - DP
29/10/2014 10:45
ICICI Prudential Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Top 200 Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 24.76. The investment objective of the equity - diversified scheme is to generate capital appreciation by actively investing in equity/ equity related securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Yogesh Bhatt is the fund manager of the scheme.

Oct 31 set as record date for div under “ICICI Prudential Indo Asia Equity Fund” 29/10/2014

Oct 31 set as record date for div under “ICICI Prudential Indo Asia Equity Fund”
29/10/2014 10:40
ICICI Prudential Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Indo Asia Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 31. The latest NAV of the scheme is Rs 16.80. The investment objective of the open ended equity fund scheme is to generate long term capital appreciation by investing in equity, equity related securities Share classes / units of Equity Fund of companies which are incorporated or have their area of primary activity, in Asia -Pacific region. The performance of the scheme is benchmarked against NSE Index. Venkatesh Sanjeevi is the fund manager of the scheme.

Mutual funds register 4.6% increase in retail folios 29/10/2014

Mutual funds register 4.6% increase in retail folios
29/10/2014 02:49
Driven by addition in equity fund folios, mutual funds registered 4.6 per cent increase in retail folios during the six months ended September, marking the highest rise since March 2009, says a Crisil report.
The Association of Mutual Funds in India (AMFI) had started declaring half-yearly folio data from March 2009.
In absolute terms, the rise translates to an increase of 16.6 lakh retail folios.
According to a Crisil release today, at the end of H1 FY15, the industry had 3.80 crore retail folios, which is almost 96 per cent of the total folio base (including institutional and high networth individual or HNI folios) of 3.95 crore folios.
At the aggregate level, however, mutual fund folios fell marginally due to a decline in HNI folios, it said.
Analysis also showed that of the Rs 1.72 lakh crore of retail investment in equity-oriented mutual funds, Rs 1.10 lakh crore continued for over 24 months.
The equity category, which reported a consistent decline in retail folios since H2 FY'11 till H2 FY'14, posted a record addition of 16.89 lakh folios in H1 FY'15 to 2.90 crore folios.
Strong rally in the equity market and the consequent rise in investors' interest led to a sharp increase in retail folios, the release said.
The equity market benchmark CNX Nifty gained 19 per cent in the April-September period of 2014-15 on hopes of economic reforms by the new government, it said.
The high networth individuals (individuals investing Rs 5 lakh or more) segment saw folio closure in all mutual fund categories. The segment saw closure of over 16 lakh accounts in H1 FY'15, a record fall as per data available since March 2009. The equity fund category saw the biggest fall with closure of 11.34 lakh folios in H1 FY'15, the release said.

NFO for ‘Reliance Fixed Horizon Fund- XXVII- Series 10’ to close today 28/10/2014

NFO for ‘Reliance Fixed Horizon Fund- XXVII- Series 10’ to close today
28/10/2014 10:53
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund- XXVII- Series 10” with maturity period of 1105 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 October 27 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.

Dual Advantage FTF launched by Reliance MF 28/10/2014

Dual Advantage FTF launched by Reliance MF
28/10/2014 10:44
Reliance Mutual Fund has launched a new close ended hybrid scheme named “Reliance Dual Advantage Fixed Tenure Fund VI- Plan F” 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 on October 27 and will close on November 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 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).

Reliance MF announces 8.7% div for its Interval Fund - II - Series 4 28/10/2014

Reliance MF announces 8.7% div for its Interval Fund - II - Series 4
28/10/2014 10:36
Reliance Mutual Fund has announced 8.7420 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - II - Series 4” on the face value of Rs 10 per unit.
The record date for the dividend is October 30. The latest NAV of the scheme is Rs 10.90.
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. Anju Chhajer is the fund manager of the scheme.

5% div announced under Birla Sun Life Dividend Yield Plus 28/10/2014

5% div announced under Birla Sun Life Dividend Yield Plus
28/10/2014 10:31
Birla Sun Life Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Dividend Yield Plus” on the face value of Rs 10 per unit.
The record date for the dividend is October 29. The latest NAV of the scheme is Rs 16.50.
The investment objective of the open-ended growth scheme is to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index. Nishit Dholakia is the fund manager of the scheme.

Oct 28 set as record date for div under “SBI Arbitrage Opportunities Fund” 28/10/2014

Oct 28 set as record date for div under “SBI Arbitrage Opportunities Fund”
28/10/2014 10:26
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 October 28. The latest NAV of the scheme is Rs 13.03.
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.

1097-day maturity period scheme launched by Kotak Mahindra MF 27/10/2014

1097-day maturity period scheme launched by Kotak Mahindra MF
27/10/2014 12:30
Kotak Mahindra Mutual Fund has launched a new close ended debt scheme named “Kotak FMP Series 169 (1097 Days)” with maturity period of 1097 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 31.
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. Mayank Prakash and Abhishek Bisen 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 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.

IDFC MF launches NFO; subscription opens today 27/10/2014

IDFC MF launches NFO; subscription opens today
27/10/2014 12:17
IDFC Mutual Fund has launched a new close ended income scheme named “IDFC Fixed Term Plan Series -105 (1097 Days)” with maturity period of 1097 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 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 10,000 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. Anupam Joshi 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 money market instruments (including CBLO) and debt securities. Hence, the scheme will allocate 0 to 20 per cent of asset in money market instruments (including CBLO) and 80 to 100 per cent of asset in debt securities.

Oct 27 set as record date for div under “L&T India Prudence” 27/10/2014

Oct 27 set as record date for div under “L&T India Prudence”
27/10/2014 11:13
L&T Mutual Fund has announced 1.1 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 October 27. The latest NAV of the scheme is Rs 16.42.
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.

Div declared for L&T MF’s India Prudence - Direct Plan 27/10/2014

Div declared for L&T MF’s India Prudence - Direct Plan
27/10/2014 11:02
L&T Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “L&T India Prudence - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 27. The latest NAV of the scheme is Rs 17.12.
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 childrens education. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.

PineBridge MF announces div under Quarterly Interval Fund - Series 1 - DP 27/10/2014

PineBridge MF announces div under Quarterly Interval Fund - Series 1 - DP
27/10/2014 10:54
PineBridge Mutual Fund has announced 1.3253 per cent dividend under dividend payout option of scheme named as “PineBridge Quarterly Interval Fund - Series 1 - Direct Plan” on the face value of Rs 1000 per unit.
The record date for the dividend is October 27. The latest NAV of the scheme is Rs 1,020.54.
The investment objective of the debt-income scheme is to generate returns while endeavoring to manage interest rate volatility over the interval period through a portfolio of fixed income securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Vikrant Mehta is the fund manager of the scheme.

MFs exposure to IT stocks hits all-time high in Sept 27/10/2014

MFs exposure to IT stocks hits all-time high in Sept
27/10/2014 10:28
Mutual fund investments in software companies is spiking new heights as the equity exposure to the sector touched fresh all-time high of around Rs 32,000 crore at the end of September, said the media report. This also marks the fourth consecutive rise in mutual fund (MF) industry's exposure to software stocks. The mutual funds’ investment in software stocks stood at Rs 31,834 crore as on September 30, 2014, accounting for 10.83 per cent of their total equity assets under management (AUM) of Rs 2.94 lakh crore, according to data available with the Securities and Exchange Board of India (Sebi). According to the analysts, the MFs have been showing interest in software stocks since the beginning of the year amid rising equity market. Besides, mutual fund managers raised their exposure in bank stocks to an all-time high of over Rs 55,398 crore in September this year, which is the highest among all the sectors. Among others, MFs have an exposure of Rs 21,908 crore in pharma space, followed by auto (Rs 18,892 crore) and finance (Rs 16,358 crore).

Div declared under Reliance Interval Fund - II - Series 3 22/10/2014

Div declared under Reliance Interval Fund - II - Series 3
22/10/2014 11:12
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - II - Series 3” on the face value of Rs 10 per unit. The record date for the dividend is October 22. The latest NAV of the scheme is Rs 10. The investment objective of the interval 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. Anju Chhajer is the fund manager of the scheme.

Oct 22 set as record date for div under Franklin India Opportunities Fund 22/10/2014

Oct 22 set as record date for div under Franklin India Opportunities Fund
22/10/2014 11:11
Franklin Templeton Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Franklin India Opportunities Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 22. The latest NAV of the scheme is Rs 18.83. The investment objective of the open ended equity – diversified scheme is to provide long term capital appreciation by investing primarily in Information Technology industry. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Anil Prabhudas is the fund manager of the scheme.

Shriram A M C - Change in Directorate 21/10/2014

Shriram A M C - Change in Directorate
21/10/2014 16:30
Shriram Asset Management Company Ltd has informed BSE that:

1. Mr. S. Bapu, has resigned as a Director of the Company.

2. Mrs. Jayashree Mahesh has been appointed as Additional Director of the Company.

Shriram A M C - Financial Results & Limited Review for Sept 30, 2014 (Standalone) 21/10/2014

Shriram A M C - Financial Results & Limited Review for Sept 30, 2014 (Standalone)
21/10/2014 16:14
Shriram Asset Management Company Ltd has informed BSE about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2014.

Div declared under Birla Sun Life Focused Equity Fund - Series 2- Direct Plan 21/10/2014

Div declared under Birla Sun Life Focused Equity Fund - Series 2- Direct Plan
21/10/2014 11:21
Birla Sun Life Mutual Fund has announced 6.5 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Focused Equity Fund - Series 2- Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 22. The latest NAV of the scheme is Rs 12.83.
The investment objective of the closed ended equity – diversified scheme is to generate capital appreciation, from a portfolio of equity securities specified as eligible securities for Rajiv Gandhi Equity Savings Scheme, 2013 (RGESS).
The performance of the scheme is benchmarked against CNX 100 Index. Anil Shah is the fund manager of the scheme.

Oct 20 set as record date for div under Franklin Infotech Fund - Direct Plan 21/10/2014

Oct 20 set as record date for div under Franklin Infotech Fund - Direct Plan
21/10/2014 10:53
Franklin Templeton Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Franklin Infotech Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 22. The latest NAV of the scheme is Rs 25.93. The investment objective of the open ended equity – diversified scheme is to provide long term capital appreciation by investing primarily in Information Technology industry. The performance of the scheme is benchmarked against BSE I.T Sector Index. Anand Radhakrishnan is the fund manager of the scheme.

6.5% div announced under Birla Sun Life Focused Equity Fund - Series 2 21/10/2014

6.5% div announced under Birla Sun Life Focused Equity Fund - Series 2
21/10/2014 10:49
Birla Sun Life Mutual Fund has announced 6.5 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Focused Equity Fund - Series 2” on the face value of Rs 10 per unit. The record date for the dividend is October 22. The latest NAV of the scheme is Rs 12.79. The investment objective of the closed ended equity – diversified scheme is to generate capital appreciation, from a portfolio of equity securities specified as eligible securities for Rajiv Gandhi Equity Savings Scheme, 2013 (RGESS). The performance of the scheme is benchmarked against CNX 100 Index. Anil Shah is the fund manager of the scheme.

ICICI Prudential MF launches NFO; subscription opens today 20/10/2014

ICICI Prudential MF launches NFO; subscription opens today
20/10/2014 11:09
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1100 Days Plan O” 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 October 21. 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.

Oct 20 set as record date for div under “JM Arbitrage Advantage Fund - DP” 20/10/2014

Oct 20 set as record date for div under “JM Arbitrage Advantage Fund - DP”
20/10/2014 11:00
JM Financial Mutual Fund has announced 1.00 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 is October 20. The latest NAV of the scheme is Rs 10.58. The investment objective of the 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.

Div declared for Tata Equity P/E Fund - Trigger Option A - 5% - DP 20/10/2014

Div declared for Tata Equity P/E Fund - Trigger Option A - 5% - DP
20/10/2014 10:53
Tata Mutual Fund has announced 9.5 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A - 5% - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 20. The latest NAV of the scheme is Rs 40.27. The investment objective of the equity – diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Atul Bhole is the fund manager of the scheme.

15% div announces under IDFC Equity Opportunity - Series 1 20/10/2014

15% div announces under IDFC Equity Opportunity - Series 1
20/10/2014 10:49
IDFC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “IDFC Equity Opportunity - Series 1” on the face value of Rs 10 per unit. The record date for the dividend is October 20. The latest NAV of the scheme is Rs 13.33. The investment objective of the equity – diversified scheme is to generate capital appreciation from a portfolio that is invested in equity and equity related securities of companies. The performance of the scheme is benchmarked against S&P BSE 500. Kenneth Andrade is the fund manager of the scheme.

IDFC MF announces 15% div for its Equity Opportunity - Series 1 - DP 20/10/2014

IDFC MF announces 15% div for its Equity Opportunity - Series 1 - DP
20/10/2014 10:42
IDFC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “IDFC Equity Opportunity - Series 1 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 20. The latest NAV of the scheme is Rs 13.51. The investment objective of the equity – diversified scheme is to generate capital appreciation from a portfolio that is invested in equity and equity related securities of companies. The performance of the scheme is benchmarked against S&P BSE 500. Kenneth Andrade is the fund manager of the scheme.

NFO for ‘Birla Sun Life FTP - Series MB (1099 days)’ to close on Oct 21 17/10/2014

NFO for ‘Birla Sun Life FTP - Series MB (1099 days)’ to close on Oct 21
17/10/2014 10:54
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series MB (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 October 14 and will close on October 21. 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.

HSBC MF announces 15% div under Tax Saver Equity Fund 17/10/2014

HSBC MF announces 15% div under Tax Saver Equity Fund
17/10/2014 10:47
HSBC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “HSBC Tax Saver Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 17. The latest NAV of the scheme is Rs 21.90. The investment objective of the Equity – ELSS scheme is to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aditya Khemani is the fund manager of the scheme.

Oct 17 set as record date for div under “Sundaram Select Micro Cap Series III - DP” 17/10/2014

Oct 17 set as record date for div under “Sundaram Select Micro Cap Series III - DP”
17/10/2014 10:43
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series III - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 17. The latest NAV of the scheme is Rs 15.51. The investment objective of the equity – diversified scheme is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. The performance of the scheme is benchmarked against S&P BSE Small-Cap. S Krishnakumar is the fund manager of the scheme.

Div declared for Sundaram Select Micro Cap Series III 17/10/2014

Div declared for Sundaram Select Micro Cap Series III
17/10/2014 10:39
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series III” on the face value of Rs 10 per unit. The record date for the dividend is October 17. The latest NAV of the scheme is Rs 15.32. The investment objective of the equity – diversified scheme is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. The performance of the scheme is benchmarked against S&P BSE Small-Cap. S Krishnakumar is the fund manager of the scheme.

13% div declared under Canara Robeco Balance 17/10/2014

13% div declared under Canara Robeco Balance
17/10/2014 10:36
Canara Robeco Mutual Fund has announced 13 per cent dividend under dividend payout option of scheme named as “Canara Robeco Balance” on the face value of Rs 10 per unit. The record date for the dividend is October 17. The latest NAV of the scheme is Rs 74.07. The investment objective of the equity – balanced fund scheme is to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Krishna Sanghavi is the fund manager of the scheme.

Shriram A M C - Shareholding Pattern For September 30, 2014 16/10/2014

Shriram A M C - Shareholding Pattern For September 30, 2014
16/10/2014 13:03
Shriram Asset Management Company Ltd has informed BSE about the Shareholding Pattern as on September 30, 2014.

New Fund Offer for ‘SBI Debt Fund Series B – 1 (1111 Days)’ to close today 16/10/2014

New Fund Offer for ‘SBI Debt Fund Series B – 1 (1111 Days)’ to close today
16/10/2014 10:53
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series B – 1 (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 October 10 and will close on October 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 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 income 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.

15% div declared under HSBC Tax Saver Equity Fund - DP 16/10/2014

15% div declared under HSBC Tax Saver Equity Fund - DP
16/10/2014 10:42
HSBC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “HSBC Tax Saver Equity Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 17. The latest NAV of the scheme is Rs 22.69.
The investment objective of the Equity – ELSS scheme is to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aditya Khemani is the fund manager of the scheme.

Oct 17 set as record date for div under “Sundaram Select Micro Cap Series I” 16/10/2014

Oct 17 set as record date for div under “Sundaram Select Micro Cap Series I”
16/10/2014 10:36
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series I” on the face value of Rs 10 per unit.
The record date for the dividend is October 17. The latest NAV of the scheme is Rs 16.16.
The investment objective of the equity – diversified scheme is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. The performance of the scheme is benchmarked against S&P BSE Small-Cap. S Krishnakumar is the fund manager of the scheme.

Sundaram MF announces 10% div for its Select Micro Cap Series IV 16/10/2014

Sundaram MF announces 10% div for its Select Micro Cap Series IV
16/10/2014 10:33
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series IV” on the face value of Rs 10 per unit.
The record date for the dividend is October 17. The latest NAV of the scheme is Rs 14.71.
The investment objective of the equity – diversified scheme is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. The performance of the scheme is benchmarked against S&P BSE Small-Cap. S Krishnakumar is the fund manager of the scheme.

Div declared for Canara Robeco MF’s Balance - Direct Plan 16/10/2014

Div declared for Canara Robeco MF’s Balance - Direct Plan
16/10/2014 10:28
Canara Robeco Mutual Fund has announced 13 per cent dividend under dividend payout option of scheme named as “Canara Robeco Balance - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 17. The latest NAV of the scheme is Rs 75.69.
The investment objective of the equity – balanced fund scheme is to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Krishna Sanghavi is the fund manager of the scheme.

NFO for ‘ICICI Prudential FMP - Series 75 - Plan M’ to close on Oct 20 14/10/2014

NFO for ‘ICICI Prudential FMP - Series 75 - Plan M’ to close on Oct 20
14/10/2014 11:04
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan-Series 75-1102 Days Plan M” with maturity period of 1102 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 October 09 and will close on October 20.
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.

Div declared for Tata MF’s Equity P/E Fund - Trigger Option A - 5% - DP 14/10/2014

Div declared for Tata MF’s Equity P/E Fund - Trigger Option A - 5% - DP
14/10/2014 10:51
Tata Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A - 5% - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 16. The latest NAV of the scheme is Rs 42.14.
The investment objective of the equity - diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Atul Bhole is the fund manager of the scheme.

Oct 16 set as record date for div under “Birla Sun Life Equity Fund” 14/10/2014

Oct 16 set as record date for div under “Birla Sun Life Equity Fund”
14/10/2014 10:46
Birla Sun Life Mutual Fund has announced 45 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Equity Fund” on the face value of Rs 10 per unit.
The record date for the dividend is October 16. The latest NAV of the scheme is Rs 91.03.
The investment objective of the open-end growth scheme is long term growth of capital, through a portfolio with a target allocation of 90 per cent equity and 10 per cent debt and money market securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Anil Shah is the fund manager of the scheme.

Tata MF announces div under Tata Equity P/E Fund - Trigger Option A - 5% 14/10/2014

Tata MF announces div under Tata Equity P/E Fund - Trigger Option A - 5%
14/10/2014 10:41
Tata Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A - 5%” on the face value of Rs 10 per unit.
The record date for the dividend is October 16. The latest NAV of the scheme is Rs 41.61.
The investment objective of the equity - diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against BSE Sensitive Index. Atul Bhole is the fund manager of the scheme.

45% div declared under Birla Sun Life Equity Fund - DP 14/10/2014

45% div declared under Birla Sun Life Equity Fund - DP
14/10/2014 10:36
Birla Sun Life Mutual Fund has announced 45 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Equity Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is October 16. The latest NAV of the scheme is Rs 97.14.
The investment objective of the open-end growth scheme is long term growth of capital, through a portfolio with a target allocation of 90 per cent equity and 10 per cent debt and money market securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Anil Shah is the fund manager of the scheme.

MotilalOswal M50 ETF - Fixes Record Date for Split of ETF Units 13/10/2014

MotilalOswal M50 ETF - Fixes Record Date for Split of ETF Units
13/10/2014 11:57
Motilal Oswal Asset Management Company Limited has informed the Exchange as follows:-

a) Record Date:- October 17, 2014;

b) Purpose of the Record Date:- Pursuant to the change in the underlying Index to CNX Nifty Index of the Scheme. The face value of the scheme would change from Rs.10 to Rs.7 after the split.

ICICI Prudential MF’s NFO to close on Oct 20 13/10/2014

ICICI Prudential MF’s NFO to close on Oct 20
13/10/2014 11:11
ICICI Prudential Mutual Fund has launched a new close ended capital protection oriented fund scheme named “ICICI Prudential Capital Protection Oriented Fund-Series VII-1285 Days-Plan A” with maturity period of 1285 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 October 07 and will close on October 20. 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 protect capital will be met by investing in a portfolio of debt securities & money market instruments and equity & equity related securities. Hence, the scheme will allocate 70 to 100 per cent of asset in debt securities & money market instruments and 0 to 30 per cent of asset in equity & equity related securities.

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 31 13/10/2014

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 31
13/10/2014 10:59
Deutsche Mutual Fund has launched a new close ended debt scheme named “DWS Hybrid Fixed Term Fund - Series 31 (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 October 07 and will close on October 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 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 MIP Blended Fund Index. Rakesh Suri and Akash Singhania 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 & debt related instruments, money market instruments and equity & equity related instruments including derivatives. Hence, the scheme will allocate 65 to 95 per cent of asset in debt & debt related instruments, 0 to 10 per cent of asset in money market instruments and 5 to 25 per cent of asset in equity & equity related instruments including derivatives.

New Fund Offer for DWS FMP – Series 79 to close today 13/10/2014

New Fund Offer for DWS FMP – Series 79 to close today
13/10/2014 10:51
Deutsche Mutual Fund has launched a new close ended debt fund scheme named “DWS Fixed Maturity Plan – Series 79 (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 October 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 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.

1100-day maturity period scheme launched by Deutsche MF 13/10/2014

1100-day maturity period scheme launched by Deutsche MF
13/10/2014 10:43
Deutsche Mutual Fund has launched a new close ended debt fund scheme named “DWS Fixed Maturity Plan – Series 78 (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 October 07 and will close on October 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 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.

NFO for ‘Birla Sun Life Focused Equity Fund - Series 3’ to close on Oct 21 13/10/2014

NFO for ‘Birla Sun Life Focused Equity Fund - Series 3’ to close on Oct 21
13/10/2014 10:36
Birla Sun Life Mutual Fund has launched a new close ended equity scheme named “Birla Sun Life Focused Equity Fund - Series 3” 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 October 07 and will close on October 21. 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 CNX 100. Mahesh Patil 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 securities specified as eligible securities for RGESS and cash & cash equivalents and money market instruments. Hence, the scheme will allocate 95 to 100 per cent of asset in equity securities specified as eligible securities for RGESS and 0 to 5 per cent of asset in cash & cash equivalents and money market instruments.

ICICI Prudential MF announces div under Dynamic Plan 10/10/2014

ICICI Prudential MF announces div under Dynamic Plan
10/10/2014 11:12
ICICI Prudential Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Dynamic Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 23.73. The investment objective of the equity - diversified scheme is to generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the scheme may invest in debt, money market instruments and derivatives. The performance of the scheme is benchmarked against NSE Index. Sankaran Naren is the fund manager of the scheme.

Div declared for Deutsche MF’s Alpha Equity Fund - Wealth Plan 10/10/2014

Div declared for Deutsche MF’s Alpha Equity Fund - Wealth Plan
10/10/2014 11:01
Deutsche Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “DWS Alpha Equity Fund - Wealth Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 13. The latest NAV of the scheme is Rs 16.60. The investment objective of the open-ended equity scheme is to generate long-term capital growth from investment in a diversified portfolio of equity and equity related securities. The performance of the scheme is benchmarked against NSE Index. Akash Singhania is the fund manager of the scheme.

Deutsche MF announces 10% div for its Alpha Equity Fund 10/10/2014

Deutsche MF announces 10% div for its Alpha Equity Fund
10/10/2014 10:54
Deutsche Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “DWS Alpha Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 13. The latest NAV of the scheme is Rs 21.55. The investment objective of the open-ended equity scheme is to generate long-term capital growth from investment in a diversified portfolio of equity and equity related securities. The performance of the scheme is benchmarked against NSE Index. Akash Singhania is the fund manager of the scheme.

Oct 13 set as record date for div under “DWS Alpha Equity Fund - DP” 10/10/2014

Oct 13 set as record date for div under “DWS Alpha Equity Fund - DP”
10/10/2014 10:47
Deutsche Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “DWS Alpha Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 13. The latest NAV of the scheme is Rs 21.81. The investment objective of the open-ended equity scheme is to generate long-term capital growth from investment in a diversified portfolio of equity and equity related securities. The performance of the scheme is benchmarked against NSE Index. Akash Singhania is the fund manager of the scheme.

100% div declared under DWS Investment Opportunity Fund - DP 10/10/2014

100% div declared under DWS Investment Opportunity Fund - DP
10/10/2014 10:41
Deutsche Mutual Fund has announced 100 per cent dividend under dividend payout option of scheme named as “DWS Investment Opportunity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 13. The latest NAV of the scheme is Rs 36.23. The investment objective of the open-ended dynamic allocation equity scheme is to generate capital appreciation on the portfolio over a long term by actively investing in different asset classes as per market conditions. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Akash Singhania is the fund manager of the scheme.

Canara Robeco MF announces div under Canara Robeco Equity Tax Saver 09/10/2014

Canara Robeco MF announces div under Canara Robeco Equity Tax Saver
09/10/2014 11:47
Canara Robeco Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Canara Robeco Equity Tax Saver” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 24.57. The investment objective of the open-ended equity linked scheme is to achieve long term capital appreciation by predominantly investing in equities to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. The performance of the scheme is benchmarked against S&P BSE 100. Krishna Sanghavi is the fund manager of the scheme.

Oct 10 set as record date for div under ICICI Prudential Dynamic Plan - Direct Plan 09/10/2014

Oct 10 set as record date for div under ICICI Prudential Dynamic Plan - Direct Plan
09/10/2014 11:38
ICICI Prudential Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Dynamic Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 23.79. The investment objective of the open-ended equity diversified scheme is to generate capital appreciation by actively investing in equity and equity related securities. The performance of the scheme is benchmarked against NSE Index. Sankaran Naren is the fund manager of the scheme.

Sundaram MF announces div under Sundaram Select Midcap - Direct Plan 09/10/2014

Sundaram MF announces div under Sundaram Select Midcap - Direct Plan
09/10/2014 11:27
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Midcap - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 28.24. The investment objective of the open-ended equity diversified scheme is to primarily achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps. The performance of the scheme is benchmarked against BSE Mid-Cap Index. S Krishnakumar is the fund manager of the scheme.

10% div declared under Sundaram Select Midcap - Institutional Plan 09/10/2014

10% div declared under Sundaram Select Midcap - Institutional Plan
09/10/2014 11:26
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Midcap - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 25.67 . The investment objective of the open-ended equity diversified scheme is to primarily achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps. The performance of the scheme is benchmarked against BSE Mid-Cap Index. S Krishnakumar is the fund manager of the scheme.

Shriram A M C - Closure of Trading Window 08/10/2014

Shriram A M C - Closure of Trading Window
08/10/2014 17:22
Shriram Asset Management Company Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on October 21, 2014, inter alia, to consider the Unaudited Financial Results for the quarter and half year ended September 30, 2014.

Further, the 'Trading Window' as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations. 1992, will be closed from October 15, 2014 to October 22, 2014 (both days inclusive).

This trading window closure will be for taking into consideration the Unaudited Financial Results for the quarter and half year ended September 30, 2014.

1099-day maturity period scheme launched by Birla Sun Life MF 08/10/2014

1099-day maturity period scheme launched by Birla Sun Life MF
08/10/2014 11:04
Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan - Series MA (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 October 07 and will close on October 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 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.

1.3% div declared under Religare Invesco Arbitrage Fund - DP 08/10/2014

1.3% div declared under Religare Invesco Arbitrage Fund - DP
08/10/2014 10:54
Religare Invesco Mutual Fund has announced 1.30 per cent dividend under dividend payout option of scheme named as “Religare Invesco Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 8. The latest NAV of the scheme is Rs 13.09. The investment objective of the 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. Vetri Subramaniam is the fund manager of the scheme.

Oct 8 set as record date for div under “Religare Invesco Arbitrage Fund” 08/10/2014

Oct 8 set as record date for div under “Religare Invesco Arbitrage Fund”
08/10/2014 10:48
Religare Invesco Mutual Fund has announced 1.10 per cent dividend under dividend payout option of scheme named as “Religare Invesco Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 8. The latest NAV of the scheme is Rs 12.82. The investment objective of the 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. Vetri Subramaniam is the fund manager of the scheme.

Birla Sun Life MF announces 60% div for its Index Fund - Direct Plan 08/10/2014

Birla Sun Life MF announces 60% div for its Index Fund - Direct Plan
08/10/2014 10:41
Birla Sun Life Mutual Fund has announced 60 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Index Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was October 7. The latest NAV of the scheme was Rs 25.97. The investment objective of the open-ended index-linked growth scheme is to generate returns commensurate with the performance of Nifty subject to tracking errors. The performance of the scheme is benchmarked against NSE Index. Ajay Garg is the fund manager of the scheme.

Edelweiss MF announces div under Arbitrage Fund - DP 08/10/2014

Edelweiss MF announces div under Arbitrage Fund - DP
08/10/2014 10:36
Edelweiss Mutual Fund has announced 0.90 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 was October 7. The latest NAV of the scheme was Rs 10.21. 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

Mutual funds invest Rs 23k cr in debt in Sept 07/10/2014

Mutual funds invest Rs 23k cr in debt in Sept
07/10/2014 17:14
Mutual funds have injected in a whopping over Rs 23,000 crore in the bond market in September, taking the total investment to close to Rs 5 lakh crore since the beginning of the year, said the media report.
In comparison, foreign investors made a net inflow of a staggering nearly 1.19 lakh crore so far in 2014.
As per the latest data compiled by market regulator Sebi, the net investment by mutual funds (MFs)in the debt market during September stood at Rs 23,416 crore.
This takes the total investment by MFs into the bond market to Rs 4,89,467 crore so far this year. In 2013, mutual funds had invested a net of Rs 5.12 lakh crore in the bond market.
Industry experts attributed the inflows in debt to the new government's reforms agenda, improved fundamentals of the Indian economy and high interest rates, added the media report.
Mutual funds collect money from investors and buy stocks, including IPOs (primary market) and bonds.
Moreover, MFs picked up shares to the tune of around Rs 4,200 crore in the equity market last month, making it the fifth consecutive monthly inflow.

Reliance MF announces 2% div for its Interval Fund - QS1 - Institutional Plan 07/10/2014

Reliance MF announces 2% div for its Interval Fund - QS1 - Institutional Plan
07/10/2014 10:52
Reliance Mutual Fund has announced 2.0290 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 1 - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 7. The latest NAV of the scheme is Rs 10.23. 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.

Oct 7 set as record date for div under “Reliance Interval Fund - QS 1” 07/10/2014

Oct 7 set as record date for div under “Reliance Interval Fund - QS 1”
07/10/2014 10:47
Reliance Mutual Fund has announced 2.0290 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 1” on the face value of Rs 10 per unit. The record date for the dividend is October 7. The latest NAV of the scheme is Rs 10.23. 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.

60% div declared under Birla Sun Life Index Fund 07/10/2014

60% div declared under Birla Sun Life Index Fund
07/10/2014 10:42
Birla Sun Life Mutual Fund has announced 60 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Index Fund” on the face value of Rs 10 per unit. The record date for the dividend is October 7. The latest NAV of the scheme is Rs 26.14. The investment objective of the open-ended index-linked growth scheme is to generate returns commensurate with the performance of Nifty subject to tracking errors. The performance of the scheme is benchmarked against NSE Index. Ajay Garg is the fund manager of the scheme.

Tata MF announced div under Money Market Fund Plan A 07/10/2014

Tata MF announced div under Money Market Fund Plan A
07/10/2014 10:37
Tata Mutual Fund has announced 0.0175 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 October 6. 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 for SBI MF’s Magnum Insta Cash Fund - Liquid Floater Plan 07/10/2014

Div declared for SBI MF’s Magnum Insta Cash Fund - Liquid Floater Plan
07/10/2014 10:29
SBI Mutual Fund has announced 0.1252 per cent dividend under dividend payout option of scheme named as “SBI Magnum Insta Cash Fund - Liquid Floater Plan” on the face value of Rs 1000 per unit. The record date for the dividend was October 3. The latest NAV of the scheme is Rs 1,032.70. The investment objective of the liquid fund scheme is to mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. R. Arun is the fund manager of the scheme.

HDFC MF declares div under HDFC FMP 371 D September 2013 – 1 01/10/2014

HDFC MF declares div under HDFC FMP 371 D September 2013 – 1
01/10/2014 12:10
HDFC Mutual Fund has announced 7.5710 per cent dividend under dividend payout option of scheme named as “HDFC FMP 371 D September 2013 - 1” on the face value of Rs 10 per unit. The record date for the dividend was September 29. The latest NAV of the scheme is Rs 10.00. The investment objective of the closed ended debt scheme is to seek to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Shobhit Mehrotra is the fund manager of the scheme.