DSP BlackRock MF launches new open ended scheme 28/02/2015

DSP BlackRock MF launches new open ended scheme
28/02/2015 10:17
DSP BlackRock Mutual Fund has launched a new open ended income (debt) scheme named “DSP BlackRock Ultra Short Term Fund”.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on February 27 and will close on March 4.
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 1,000 and any amount thereafter. The options available under the plan of the scheme are Growth, Daily Dividend, Weekly Dividend, Monthly Dividend and Quarterly Dividend Payout option.
The performance of the scheme will be benchmarked against 50 per cent of CRISIL Composite CP Index + 50 per cent of CRISIL Composite CD Index. Laukik Bagwe 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 commensurate with risk will be met by investing in a portfolio of money market securities and/or debt securities with residual maturity of less than or equal to 1 year and debt securities with residual maturity of greater than 1 year. Hence, the scheme will allocate 80 to 100 per cent of asset in money market securities and/or debt securities with residual maturity of less than or equal to 1 year and 0 to 20 per cent of asset in debt securities with residual maturity of greater than 1 year. .

36-month scheme launched by DSP BlackRock MF 27/02/2015

36-month scheme launched by DSP BlackRock MF
27/02/2015 10:22
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock Dual Advantage Fund - Series 36 - 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 on February 26 and will close on March 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.
rupeedeskequity: The minimum application amount is Rs 5,000 and any amount 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.

Kotak Mahindra MF announces 10% div under Midcap Fund - DP 27/02/2015

Kotak Mahindra MF announces 10% div under Midcap Fund - DP
27/02/2015 10:11
Kotak Mahindra Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Kotak Midcap Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 27. The latest NAV of the scheme is Rs 30.91.
The investment objective of the equity - diversified scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments.
The performance of the scheme is benchmarked against CNX Midcap Index. Pankaj Tibrewal is the fund manager of the scheme.

1% div announced under BNP Paribas Dividend Yield Fund - DP 27/02/2015

1% div announced under BNP Paribas Dividend Yield Fund - DP
27/02/2015 10:06
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 February 27. The latest NAV of the scheme is Rs 16.75.
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.

BNP Paribas MF announces 1% div under Dividend Yield Fund 27/02/2015

BNP Paribas MF announces 1% div under Dividend Yield Fund
27/02/2015 10:03
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 February 27. The latest NAV of the scheme is Rs 16.31.
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.

Div declared for SBI Arbitrage Opportunities Fund 27/02/2015

Div declared for SBI Arbitrage Opportunities Fund

27/02/2015 09:59
SBI Mutual Fund has announced 0.7 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 February 27. The latest NAV of the scheme is Rs 13.12.
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.

L&T MF announces 17% div under Tax Advantage Fund - DP 26/02/2015

L&T MF announces 17% div under Tax Advantage Fund - DP
26/02/2015 10:43
L&T Mutual Fund has announced 17 per cent dividend under dividend payout option of scheme named as “L&T Tax Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 25.89. The investment objective of the Equity - ELSS scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Soumendra Nath Lahiri is the fund manager of the scheme.

March 2 set as record date for div under “IDFC Premier Equity Fund - DP” 26/02/2015

March 2 set as record date for div under “IDFC Premier Equity Fund - DP”
26/02/2015 10:39
IDFC Mutual Fund has announced 45 per cent dividend under dividend payout option of scheme named as “IDFC Premier Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 2. The latest NAV of the scheme is Rs 39.08. The investment objective of the equity - diversified scheme is to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. The performance of the scheme is benchmarked against BSE 500 Index (500 Cos). Kenneth Andrade is the fund manager of the scheme.

Div declared for DSP BlackRock Tiger Fund 26/02/2015

Div declared for DSP BlackRock Tiger Fund
26/02/2015 10:32
DSP BlackRock Mutual Fund has announced 21 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Tiger Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 20.82. The investment objective of the open ended diversified equity scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments infrastructure, both by the public and private sector. The performance of the scheme is benchmarked against S&P BSE 100. Rohit Singhania is the fund manager of the scheme.

22.5% div announced under Tata Dividend Yield Fund - DP 26/02/2015

22.5% div announced under Tata Dividend Yield Fund - DP
26/02/2015 10:27
Tata Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “Tata Dividend Yield Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 29.14. The investment objective of the equity - diversified scheme is to provide income distribution and / or medium to long term capital gains by investing predominantly in high dividend yield stocks. The performance of the scheme is benchmarked against S&P 500 Index (New York). Rupesh Patel is the fund manager of the scheme.

ICICI Prudential MF announces 30% div under Technology Fund 26/02/2015

ICICI Prudential MF announces 30% div under Technology Fund
26/02/2015 10:22
ICICI Prudential Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Technology Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 36.86. The investment objective of the equity - sector fund scheme is to generate long-term capital appreciation by investing in equity and equity related securities of technology intensive companies. The performance of the scheme is benchmarked against BSE I.T Sector Index. Mrinal Singh is the fund manager of the scheme.

Plan N of ICICI Prudential MF launched under FMP - Series 76 25/02/2015

Plan N of ICICI Prudential MF launched under FMP - Series 76
25/02/2015 10:40
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 76 - 1140 Days Plan N” with maturity period of 1140 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 March 4. 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 government securities and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments including government securities and 0 to 20 per cent of asset in money market instruments.

Feb 27 set as record date for div under “Reliance Banking Fund - DP” 25/02/2015

Feb 27 set as record date for div under “Reliance Banking Fund - DP”
25/02/2015 10:32
Reliance Mutual Fund has announced 50 per cent dividend under dividend payout option of scheme named as “Reliance Banking Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 62.56. The investment objective of the equity - sector fund scheme is to generate continuous returns by actively investing in equity and equity related or fixed income securities of companies in banking sector. The performance of the scheme is benchmarked against CNX Bank Index. Sanjay Parekh is the fund manager of the scheme.

Div declared for HDFC Prudence Fund 25/02/2015

Div declared for HDFC Prudence Fund
25/02/2015 10:27
HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as “HDFC Prudence Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 26. The latest NAV of the scheme is Rs 35.63. The investment objective of the equity - balanced fund scheme is to provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and debt investments with an aim to prevent / minimise any capital erosion. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Prashant Jain is the fund manager of the scheme.

22.5% div announced under UTI Leadership Equity Fund - DP 25/02/2015

22.5% div announced under UTI Leadership Equity Fund - DP
25/02/2015 10:23
UTI Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “UTI Leadership Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 26. The latest NAV of the scheme is Rs 24.22. The investment objective of the equity - diversified scheme is to generate capital appreciation and/or income distribution by investing the funds of the scheme in stocks that are Leaders in their respective industries/sectors/sub-sector. The performance of the scheme is benchmarked against NSE Index. Sanjay Dongre is the fund manager of the scheme.

HDFC MF announces 35% div under Prudence Fund - Direct Plan 25/02/2015

HDFC MF announces 35% div under Prudence Fund - Direct Plan
25/02/2015 10:19
HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as “HDFC Prudence Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 26. The latest NAV of the scheme is Rs 38.85. The investment objective of the equity - balanced fund scheme is to provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and debt investments with an aim to prevent / minimise any capital erosion. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Prashant Jain is the fund manager of the scheme.

Shriram A M C - Newspaper Advertisement for completion of dispatch of postal ballot 24/02/2015

Shriram A M C - Newspaper Advertisement for completion of dispatch of postal ballot
24/02/2015 13:06
Shriram Asset Management Company Ltd has submitted to BSE a copy of the Advertisements published in the Newspapers regarding the completion of dispatch of a Postal Ballot Notice and Postal Ballot Form.

ICICI Prudential MF launches new close ended scheme 24/02/2015

ICICI Prudential MF launches new close ended scheme
24/02/2015 10:32
ICICI Prudential Mutual Fund has launched a new close ended capital protection oriented fund scheme named “ICICI Prudential Capital Protection Oriented Fund - Series VII - 1284 Days - Plan H” with maturity period of 1284 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 February 18 and will close on March 4. 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, Shalya Shah and Chandni Gupta 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.

Feb 26 set as record date for div under “HDFC Prudence Fund - DP” 24/02/2015

Feb 26 set as record date for div under “HDFC Prudence Fund - DP”
24/02/2015 10:21
HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as “HDFC Prudence Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 26. The latest NAV of the scheme is Rs 39.03. The investment objective of the equity - balanced fund scheme is to provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and debt investments with an aim to prevent / minimise any capital erosion. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Prashant Jain is the fund manager of the scheme.

Div declared for IDFC Equity Opportunity - Series 2 - DP 24/02/2015

Div declared for IDFC Equity Opportunity - Series 2 - DP
24/02/2015 10:16
IDFC Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “IDFC Equity Opportunity - Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 25. The latest NAV of the scheme is Rs 13.38. 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 Indian and foreign companies. The performance of the scheme is benchmarked against S&P BSE 500. Punam Sharma is the fund manager of the scheme.

16.5% div announced under IDFC Classic Equity Fund - DP 24/02/2015

16.5% div announced under IDFC Classic Equity Fund - DP
24/02/2015 10:11
IDFC Mutual Fund has announced 16.5 per cent dividend under dividend payout option of scheme named as “IDFC Classic Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 25. The latest NAV of the scheme is Rs 16.53. The investment objective of the equity - diversified scheme is to generate long term capital growth from a diversified portfolio of predominantly equity and equity related instruments. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Ankur Arora is the fund manager of the scheme.

Axis MF announces 17.5% div under Axis Focused 25 Fund 24/02/2015

Axis MF announces 17.5% div under Axis Focused 25 Fund
24/02/2015 10:08
Axis Mutual Fund has announced 17.5 per cent dividend under dividend payout option of scheme named as “Axis Focused 25 Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 25. The latest NAV of the scheme is Rs 18.05. The investment objective of the equity - diversified scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies. The performance of the scheme is benchmarked against CNX Nifty Index. Sudhanshu Asthana is the fund manager of the scheme.

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 35 23/02/2015

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 35
23/02/2015 10:21
Deutsche Mutual Fund has launched a new close ended debt scheme named “DWS Hybrid Fixed Term Fund - Series 35 (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 February 18 and will close on March 4. 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.

52% div announced under Birla Sun Life Index Fund - DP 23/02/2015

52% div announced under Birla Sun Life Index Fund - DP
23/02/2015 10:13
Birla Sun Life Mutual Fund has announced 52 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 is February 25. The latest NAV of the scheme is Rs 22.41. 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.

Feb 24 set as record date for div under “ICICI Prudential Interval Fund VII - Annual Interval Plan C” 23/02/2015

Feb 24 set as record date for div under “ICICI Prudential Interval Fund VII - Annual Interval Plan C”
23/02/2015 10:09
ICICI Prudential Mutual Fund has announced 6.935 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund VII - Annual Interval Plan C” on the face value of Rs 10 per unit. The record date for the dividend is February 24. The latest NAV of the scheme is Rs 10.97. The investment objective of the debt - income scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities maturing on or before the opening of the immediately following Specified Transaction Period (STP). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Aditya Pagaria is the fund manager of the scheme.

Div declared for Baroda Pioneer ELSS 96 23/02/2015

Div declared for Baroda Pioneer ELSS 96
23/02/2015 10:05
Baroda Pioneer Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “Baroda Pioneer ELSS 96” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 34.82. The investment objective of the Equity - ELSS scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. The performance of the scheme is benchmarked against S&P BSE Sensex. Dipak Acharya is the fund manager of the scheme.

Baroda Pioneer MF announces 22.5% div under ELSS 96 - Plan B - DP 23/02/2015

Baroda Pioneer MF announces 22.5% div under ELSS 96 - Plan B - DP
23/02/2015 10:02
Baroda Pioneer Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “Baroda Pioneer ELSS 96 - Plan B - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 35.70. The investment objective of the Equity - ELSS scheme is to provide the investor long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Dipak Acharya is the fund manager of the scheme.

NFO for ‘Birla Sun Life Focused Equity Fund - Series 5’ opens today 20/02/2015

NFO for ‘Birla Sun Life Focused Equity Fund - Series 5’ opens today
20/02/2015 10:35
Birla Sun Life Mutual Fund has launched a new close ended equity scheme named “Birla Sun Life Focused Equity Fund - Series 5” 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 today and will close on March 13. 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. Ani Shah 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.

20% div announced under Franklin India Smaller Companies Fund 20/02/2015

20% div announced under Franklin India Smaller Companies Fund
20/02/2015 10:27
Franklin Templeton Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Franklin India Smaller Companies Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 26.57. The investment objective of the closed end diversified equity fund scheme is to provide long term capital appreciation by investing in mid and small cap companies. Equities and equity-linked instruments. The performance of the scheme is benchmarked against CNX Midcap Index. Roshi Jain is the fund manager of the scheme.

Franklin Templeton MF announces 20% div under Franklin India Smaller Companies Fund - DP 20/02/2015

Franklin Templeton MF announces 20% div under Franklin India Smaller Companies Fund - DP
20/02/2015 10:24
Franklin Templeton Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Franklin India Smaller Companies Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 27.04. The investment objective of the closed end diversified equity fund scheme is to provide long term capital appreciation by investing in mid and small cap companies. Equities and equity-linked instruments. The performance of the scheme is benchmarked against CNX Midcap Index. Roshi Jain is the fund manager of the scheme.

Div declared for Reliance Focused Large Cap Fund 20/02/2015

Div declared for Reliance Focused Large Cap Fund
20/02/2015 10:19
Reliance Mutual Fund has announced 23.5 per cent dividend under dividend payout option of scheme named as “Reliance Focused Large Cap Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 22.92. The investment objective of the equity - diversified fund scheme is to generate long term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 25 companies belonging to the top 100 companies by market capitalization and / or leaders in their respective segments. The performance of the scheme is benchmarked against NSE Index. Omprakash Kuckian is the fund manager of the scheme.

23.5% div announced under Reliance Focused Large Cap Fund - DP 20/02/2015

23.5% div announced under Reliance Focused Large Cap Fund - DP
20/02/2015 10:16
Reliance Mutual Fund has announced 23.5 per cent dividend under dividend payout option of scheme named as “Reliance Focused Large Cap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 23.03. The investment objective of the equity - diversified fund scheme is to generate long term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 25 companies belonging to the top 100 companies by market capitalization and / or leaders in their respective segments. The performance of the scheme is benchmarked against NSE Index. Omprakash Kuckian is the fund manager of the scheme.

Mutual fund industry seeks tax sops in budget 19/02/2015

Mutual fund industry seeks tax sops in budget
19/02/2015 13:35
The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget. "The industry has asked for separate concession over and above the Rs 1.5 lakh deduction under section 80C for ELSS and National Pension Scheme," industry body AMFI Chairman Sundeep Sikka said Wednesday on the sidelines of the ICC organised mutual fund summit. "The need for industry is long term money. This (additional concessions) will boost long term flows into the capital market," he said. "The Finance Ministry should also consider tax concessions for unit linked pension plans under section 80CCD of the Income Tax Act," Dinesh K Khara, Managing Director and CEO of SBI Mutual Fund said. The section currently provides exemption of upto 10 percent of salary contributed by the employee under National Pension Scheme. "The matter is under evaluation by the CBDT (Central Board of Direct Taxes). We are hopeful of some announcement in the budget," Khara said. Sikka said that the industry is driven by the growing number of investors from the B15 cities. Total MF investor accounts could reach ten crore accounts over the next five years from the 4 crore at the end of December, he said. The total assets under management of the industry was Rs 11,81,356 crore at the end of January.

Religare Invesco MF launches ‘Annual Interval Fund - Series 1 - Plan A’ 19/02/2015

Religare Invesco MF launches ‘Annual Interval Fund - Series 1 - Plan A’
19/02/2015 10:27
Religare Invesco Mutual Fund has launched an interval income fund scheme named “Religare Invesco Annual Interval Fund - Series 1 - 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 on February 18 and will close on February 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 CRISIL Short Term 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 including money market instruments. Hence, the scheme will allocate 0 to 100 per cent of asset in debt instruments including money market instruments.

Feb 20 set as record date for div under “Reliance Diversified Power Sector Fund” 19/02/2015

Feb 20 set as record date for div under “Reliance Diversified Power Sector Fund”
19/02/2015 10:10
Reliance Mutual Fund has announced 32.5 per cent dividend under dividend payout option of scheme named as “Reliance Diversified Power Sector Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 35.95. The investment objective of the equity - sector fund scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in power sector. The performance of the scheme is benchmarked against BSE Power Index. Sunil Singhania is the fund manager of the scheme.

Reliance MF announces 32.5% div under Diversified Power Sector Fund - DP 19/02/2015

Reliance MF announces 32.5% div under Diversified Power Sector Fund - DP
19/02/2015 10:07
Reliance Mutual Fund has announced 32.5 per cent dividend under dividend payout option of scheme named as “Reliance Diversified Power Sector Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 36.48. The investment objective of the equity - sector fund scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in power sector. The performance of the scheme is benchmarked against BSE Power Index. Sunil Singhania is the fund manager of the scheme.

Div declared for HDFC Core & Satellite Fund 19/02/2015

Div declared for HDFC Core & Satellite Fund
19/02/2015 10:03
HDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “HDFC Core & Satellite Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 22.33. The investment objective of the equity - diversified scheme is to generate capital appreciation through equity investment in companies whose shares are quoting at prices below their true value. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Vinay Kulkarni is the fund manager of the scheme.

20% div announced under HDFC Small & Midcap Fund 19/02/2015

20% div announced under HDFC Small & Midcap Fund
19/02/2015 09:58
HDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “HDFC Small & Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 22.79. The investment objective of the equity - diversified scheme is to provide long-term capital appreciation by investing predominantly in small-cap and mid-cap companies. The performance of the scheme is benchmarked against CNX Smallcap Index. Chirag Setalvad is the fund manager of the scheme.

DSP BlackRock MF announces 35.5% div under Balanced Fund 18/02/2015

DSP BlackRock MF announces 35.5% div under Balanced Fund
18/02/2015 11:07
DSP BlackRock Mutual Fund has announced 35.5 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Balanced Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 29.63. The investment objective of the open ended balanced scheme is to generate long term capital appreciation and current 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. Vinit Sambre is the fund manager of the scheme.

Feb 19 set as record date for div under “HDFC Core & Satellite Fund - DP” 18/02/2015

Feb 19 set as record date for div under “HDFC Core & Satellite Fund - DP”
18/02/2015 11:01
HDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “HDFC Core & Satellite Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 22.54. The investment objective of the equity - diversified scheme is to generate capital appreciation through equity investment in companies whose shares are quoting at prices below their true value. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Vinay Kulkarni is the fund manager of the scheme.

HDFC MF announces 20% div under Small & Midcap Fund - DP 18/02/2015

HDFC MF announces 20% div under Small & Midcap Fund - DP
18/02/2015 10:58
HDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “HDFC Small & Midcap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 23.04. The investment objective of the equity - diversified scheme is to provide long-term capital appreciation by investing predominantly in small-cap and mid-cap companies. The performance of the scheme is benchmarked against CNX Smallcap Index. Chirag Setalvad is the fund manager of the scheme.

30% div announced under HDFC Capital Builder Fund 18/02/2015

30% div announced under HDFC Capital Builder Fund
18/02/2015 10:55
HDFC Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “HDFC Capital Builder Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 31.36. The investment objective of the equity - diversified scheme is to achieve capital appreciation in the long term. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index. Chirag Setalvad is the fund manager of the scheme.

Div declared for HDFC Capital Builder Fund - DP 18/02/2015

Div declared for HDFC Capital Builder Fund - DP
18/02/2015 10:52
HDFC Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “HDFC Capital Builder Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 31.70. The investment objective of the equity - diversified scheme is to achieve capital appreciation in the long term. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index (500 Cos). Chirag Setalvad is the fund manager of the scheme.

Investors pump in Rs 2 lakh crore in MF schemes during Apr-Jan 18/02/2015

Investors pump in Rs 2 lakh crore in MF schemes during Apr-Jan
18/02/2015 06:52
Total investments in mutual fund schemes in the first 10 months of the current fiscal rose to nearly Rs 2 lakh crore, buoyed by inflows in equity funds, said the media report. This was higher than Rs 1.6 lakh crore invested in the same period last fiscal, added the media report. As per the latest data available with the Securities and Exchange Board of India ( Sebi), investors have put in Rs 1,94,820 crore in various mutual fund schemes. Most of the money is being invested in liquid or money fund as well as and equity mutual fund schemes. A staggering Rs 1.14 lakh crore have been infused in liquid or 'money market' schemes and another Rs 56,000 crore pumped in equity schemes. The addition in equity schemes is in line with BSE's benchmark Sensex surging by 30 per cent in the ten months of the current financial year. This significant level of funds mobilisation has also led to increase in the total assets under management of MFs that surged to Rs 11.81 lakh crore as on January 31, 2015 from Rs 9.03 lakh crore in the year-ago period.

1145-day maturity period scheme launched by UTI MF 16/02/2015

1145-day maturity period scheme launched by UTI MF
16/02/2015 12:09
UTI Mutual Fund has launched a new close ended hybrid scheme named “UTI Dual Advantage Fixed Term Fund Series I - II (1145 Days)” with maturity period of 1145 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 February 3 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 MIP Blended Fund Index. Sunil Patil and V Srivasta 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 and reduce interest rate volatility will be met by investing in a portfolio of debt instruments, money market instruments and equity & equity related instruments. Hence, the scheme will allocate 65 to 95 per cent of asset in debt instruments, 0 to 30 per cent of asset in money market instruments and 5 to 35 per cent of asset in equity & equity related instruments.

SBI MF launches “SBI Dual Advantage Fund - Series VII”; NFO to close today 16/02/2015

SBI MF launches “SBI Dual Advantage Fund - Series VII”; NFO to close today
16/02/2015 11:56
SBI Mutual Fund has launched a new close ended hybrid scheme named “SBI Dual Advantage Fund - Series VII” with maturity period of 1,111 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 February 2 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 MIP Blended Fund Index. Rajeev Radhakrishnan and Dharmendra Grover 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 55 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 35 per cent of asset in equity & equity related instruments including derivatives.

New Fund Offer for ‘SBI Debt Fund Series B – 7 (38 months)’ to close on Feb 18 16/02/2015

New Fund Offer for ‘SBI Debt Fund Series B – 7 (38 months)’ to close on Feb 18
16/02/2015 11:04
SBI Mutual Fund has launched a new close ended debt scheme named “SBI Debt Fund Series B – 7 (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 on February 10 and will close on February 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. 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 70 to 100 per cent of asset in debt instruments and 0 to 30 per cent of asset in money market securities.

MF equity folio count up by 16 lakh during Apr-Jan 16/02/2015

MF equity folio count up by 16 lakh during Apr-Jan
16/02/2015 08:13
Equity mutual funds witnessed an addition of over 16 lakh investor accounts or folios in the first 10 months of the current fiscal (2014-15) in view of a sharp rally in the stock market, said the media report. Folios are numbers designated to individual investor accounts, though one investor can have multiple folios. According to Securities and Exchange Board of India data on investor accounts with 45 fund houses, the number of equity folios rose to 30,799,002 last month, from 29,180,922 for the whole of last fiscal ending (March 31, 2014) - a gain of 16,18,080 folios. April saw the first rise in more than four years. Prior to that, the equity mutual fund (MF) sector had seen a continuous closure of folios since March 2009 after the market crashed due to the global financial crisis in late 2008. Since March 2009, it has seen a closure of 1.5 crore folios. The investor base reached its peak of 4.11 crore in March 2009, while it was 3.77 crore in March 2008. Moreover, mutual funds industry reported net inflows of nearly Rs 56,000 crore in equity funds in the April-January period, which helped the industry grow its folio count. Overall, the industry retail folios surged to 4.07 crore at January-end 2015 from 3.95 crore at the end of March.

NFO for ‘SBI Banking & Financial Services Fund’ to close on Feb 24 13/02/2015

NFO for ‘SBI Banking & Financial Services Fund’ to close on Feb 24
13/02/2015 12:07
SBI Mutual Fund has launched a new open ended sector fund scheme named “SBI Banking & Financial Services Fund”. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on February 11 and will close on February 24. According to the offer document filed with SEBI, the entry load is nil and 2 per cent exit load will be charged for exit within 12 months from the date of allotment, 1 per cent for exit after 12 months but within 18 months from the date of allotment and exit load will be nil for exit after 18 months from the date of allotment. 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 CNX Finance Index. Sohini Andani 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 long-term capital appreciation to unit holders will be met by investing in a portfolio of equity and equity related securities of companies engaged in banking & financial services and debt and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in equity and equity related securities of companies engaged in banking & financial services and 0 to 20 per cent of asset in debt and money market instruments.

Reliance MF launches ‘Fixed Horizon Fund- XXVIII- Series 7’ 13/02/2015

Reliance MF launches ‘Fixed Horizon Fund- XXVIII- Series 7’
13/02/2015 11:10
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund - XXVIII - Series 7” with maturity period of 1104 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 February 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 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.

Plan L of ICICI Prudential MF launched under FMP - Series 76 13/02/2015

Plan L of ICICI Prudential MF launched under FMP - Series 76
13/02/2015 11:04
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 76 - 1103 Days Plan L” 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 February 12 and will close on February 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 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 government securities and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments including government securities and 0 to 20 per cent of asset in money market instruments.

Canara Robeco MF launches “Canara Robeco Capital Protection Oriented Fund - Series 4”; NFO to close on Feb 24 13/02/2015

Canara Robeco MF launches “Canara Robeco Capital Protection Oriented Fund - Series 4”; NFO to close on Feb 24
13/02/2015 10:58
Canara Robeco Mutual Fund has launched a new close ended capital protection oriented scheme named “Canara Robeco Capital Protection Oriented Fund - Series 4” 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 February 12 and will close on February 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 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.

Div declared for Reliance Yearly Interval Fund - Series 2 13/02/2015

Div declared for Reliance Yearly Interval Fund - Series 2
13/02/2015 10:46
Reliance Mutual Fund has announced 0.001 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 2” on the face value of Rs 10 per unit.
The record date for the dividend is February 16. The latest NAV of the scheme is Rs 10.96.
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.

Shriram A M C - Change of Mumbai Office Address 12/02/2015

Shriram A M C - Change of Mumbai Office Address
12/02/2015 18:00
Shriram Asset Management Company Ltd has informed BSE that the new address of the Company's Mumbai office which is as follows:

208, Shiv Chambers, B-Wing, 2nd Floor, Sector - 11, CBD Belapur, Navi Mumbai - 400 614.

5% div declared under Sundaram Select Micro Cap Series II 12/02/2015

5% div declared under Sundaram Select Micro Cap Series II
12/02/2015 10:20
Sundaram Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series II” on the face value of Rs 10 per unit. The record date for the dividend is February 13. The latest NAV of the scheme is Rs 16.52. The investment objective of the close ended 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 I 12/02/2015

Div declared for Sundaram Select Micro Cap Series I
12/02/2015 10:17
Sundaram Mutual Fund has announced 5 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 February 13. The latest NAV of the scheme is Rs 16.60. The investment objective of the close ended 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.

Feb 16 set as record date for div under IDFC Tax Advantage (ELSS) Fund 12/02/2015

Feb 16 set as record date for div under IDFC Tax Advantage (ELSS) Fund
12/02/2015 10:12
IDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “IDFC Tax Advantage (ELSS) Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 16. The latest NAV of the scheme is Rs 17.49. The investment objective of the open ended equity-ELSS scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly Equity and Equity related securities. The scheme will invest in well-managed growth companies that are available at a reasonable value and offer a high return growth potential. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aniruddha Naha is the fund manager of the scheme.

Reliance MF announces div under Reliance Yearly Interval Fund - Series 2 – DP 12/02/2015

Reliance MF announces div under Reliance Yearly Interval Fund - Series 2 – DP
12/02/2015 10:09
Reliance Mutual Fund has announced 0.0010 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 16. The latest NAV of the scheme is Rs 10.96. 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. Amit Tripathi is the fund manager of the scheme.

IDFC MF announces 22.5% div under IDFC Tax Advantage (ELSS) Fund - Direct Plan 12/02/2015

IDFC MF announces 22.5% div under IDFC Tax Advantage (ELSS) Fund - Direct Plan
12/02/2015 10:04
IDFC Mutual Fund has announced 22.5 per cent dividend under dividend payout option of scheme named as “IDFC Tax Advantage (ELSS) Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 16. The latest NAV of the scheme is Rs 20.06. The investment objective of the open ended equity-ELSS scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly Equity and Equity related securities. The scheme will invest in well-managed growth companies that are available at a reasonable value and offer a high return growth potential. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Aniruddha Naha is the fund manager of the scheme.

Reliance MF announces 20% div under Regular Savings Fund - Balanced - DP 11/02/2015

Reliance MF announces 20% div under Regular Savings Fund - Balanced - DP
11/02/2015 11:07
Reliance Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Reliance Regular Savings Fund - Balanced - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 13. The latest NAV of the scheme is Rs 21.47. The investment objective of the equity - balanced fund scheme is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Amit Tripathi is the fund manager of the scheme.

Div declared for Franklin India Prima Plus 11/02/2015

Div declared for Franklin India Prima Plus
11/02/2015 11:04
Franklin Templeton Mutual Fund has announced 25 per cent dividend under dividend payout option of scheme named as “Franklin India Prima Plus” on the face value of Rs 10 per unit. The record date for the dividend is February 13. The latest NAV of the scheme is Rs 38.39. The investment objective of the Equity - Diversified scheme is to provide growth of capital plus regular dividend. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index. Anand Radhakrishnan is the fund manager of the scheme.

Feb 13 set as record date for div under “Franklin India Prima Plus - DP” 11/02/2015

Feb 13 set as record date for div under “Franklin India Prima Plus - DP”
11/02/2015 11:01
Franklin Templeton Mutual Fund has announced 25 per cent dividend under dividend payout option of scheme named as “Franklin India Prima Plus - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 13. The latest NAV of the scheme is Rs 38.99. The investment objective of the Equity - Diversified scheme is to provide growth of capital plus regular dividend. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index (500 Cos). Anand Radhakrishnan is the fund manager of the scheme.

HDFC MF announces 8.7% div under Multiple Yield - DP 11/02/2015

HDFC MF announces 8.7% div under Multiple Yield - DP
11/02/2015 10:57
HDFC Mutual Fund has announced 8.71 per cent dividend under dividend payout option of scheme named as “HDFC Multiple Yield - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 12. The latest NAV of the scheme is Rs 12.36. The investment objective of the debt – income scheme is to generate positive returns over medium time frame with low risk of capital loss over medium time frame. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Vinay Kulkarni is the fund manager of the scheme.

8.7% div announced under HDFC Multiple Yield Fund - Plan 2005 11/02/2015

8.7% div announced under HDFC Multiple Yield Fund - Plan 2005
11/02/2015 10:54
HDFC Mutual Fund has announced 8.71 per cent dividend under dividend payout option of scheme named as “HDFC Multiple Yield Fund - Plan 2005” on the face value of Rs 10 per unit. The record date for the dividend is February 12. The latest NAV of the scheme is Rs 12.73. The investment objective of the debt – income scheme is to generate positive returns over medium time frame with low risk of capital loss over medium time frame. The performance of the scheme is benchmarked against Crisil MIP Blended Index. Anil Bamboli is the fund manager of the scheme.

SBI MF launches SBI Banking & Financial Services Fund 11/02/2015

SBI MF launches SBI Banking & Financial Services Fund
11/02/2015 01:17
SBI Mutual Fund today announced the launch of SBI Banking & Financial Services Fund, an open-ended equity scheme that will invest in companies from the banking and financial services sector.
The new fund offer (NFO) will open for subscription from tomorrow and schedule to close on February 24.
The fund would adopt a bottom up stock selection process, and proposes to invest at least 80 per cent of the portfolio in companies cutting across market capitalisation in banking and financial sector.
"SBI Banking & Financial Services Fund is uniquely positioned to take advantage of the possible further strengthening of India's economy," SBI Mutual Fund CIO Navneet Munot said in a satement.

GoldmanS Bank BeES - Fixes Record Date for Dividend 10/02/2015

GoldmanS Bank BeES - Fixes Record Date for Dividend
10/02/2015 13:08
Goldman Sachs Banking Index Exchange Traded Scheme has informed BSE that February 20, 2015 has been fixed as the Record Date for the purpose of payment of Dividend.

1103-day maturity period scheme launched by ICICI Prudential MF 10/02/2015

1103-day maturity period scheme launched by ICICI Prudential MF
10/02/2015 10:58
ICICI Prudential Mutual Fund has launched a new close ended income fund scheme named “ICICI Prudential Multiple Yield Fund – Series 8 – 1103 Days – 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 January 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 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, Chandni Gupta and Shalya Shah 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.

Div declared for HDFC Growth Fund 10/02/2015

Div declared for HDFC Growth Fund
10/02/2015 10:47
HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as “HDFC Growth Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 12. The latest NAV of the scheme is Rs 33.19.
The investment objective of the equity – diversified scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
The performance of the scheme is benchmarked against BSE Sensitive Index. Srinivas Rao Ravuri is the fund manager of the scheme.

Feb 12 set as record date for div under “HDFC Growth Fund - DP” 10/02/2015

Feb 12 set as record date for div under “HDFC Growth Fund - DP”
10/02/2015 10:45
HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as “HDFC Growth Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 12. The latest NAV of the scheme is Rs 33.54.
The investment objective of the equity – diversified scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Srinivas Rao Ravuri is the fund manager of the scheme.

Tata MF announces 86% div under Tata Balanced Fund 10/02/2015

Tata MF announces 86% div under Tata Balanced Fund
10/02/2015 10:41
Tata Mutual Fund has announced 86 per cent dividend under dividend payout option of scheme named as “Tata Balanced Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 12. The latest NAV of the scheme is Rs 84.47.
The investment objective of the equity – balanced fund scheme is to provide income distribution and/or medium to long term capital gains while at all times emphasizing the importance of capital appreciation.
The performance of the scheme is benchmarked against Crisil Balanced Fund Index. S Raghupati Acharya is the fund manager of the scheme.

86% div announced under Tata Balanced Fund - DP 10/02/2015

86% div announced under Tata Balanced Fund - DP
10/02/2015 10:38
Tata Mutual Fund has announced 86 per cent dividend under dividend payout option of scheme named as “Tata Balanced Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 12. The latest NAV of the scheme is Rs 85.67.
The investment objective of the equity – balanced fund scheme is to provide income distribution and/or medium to long term capital gains while at all times emphasizing the importance of capital appreciation.
The performance of the scheme is benchmarked against Crisil Balanced Fund Index. S Raghupati Acharya is the fund manager of the scheme.

GoldmanS Bank BeES - Board approves Dividend 09/02/2015

GoldmanS Bank BeES - Board approves Dividend
09/02/2015 14:13
Goldman Sachs Banking Index Exchange Traded Scheme has informed BSE that the Board of Directors of Goldman Sachs Trustee Company (India) Private Limited (Trustee to Goldman Sachs Mutual Fund) at their meeting held on February 09, 2015, have approved Dividend of Rs. 13.00 (Rupees Thirteen only) per unit to the unit holders of Goldman Sachs Banking Index Exchange Traded Scheme (GS Bank BeES).

Plan K of ICICI Prudential MF launched under FMP - Series 76 09/02/2015

Plan K of ICICI Prudential MF launched under FMP - Series 76
09/02/2015 11:11
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 76 - 1155 Days Plan K” with maturity period of 1155 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 February 6 and will close on February 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 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 government securities and money market instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in debt instruments including government securities and 0 to 20 per cent of asset in money market instruments.

NFO for ‘ICICI Prudential FMP - Series 76 - 1100 Days Plan J’ to close today 09/02/2015

NFO for ‘ICICI Prudential FMP - Series 76 - 1100 Days Plan J’ to close today
09/02/2015 11:04
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 76 - 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 on February 4 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 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 government securities and money market instruments. Hence, the scheme will allocate 70 to 100 per cent of asset in debt instruments including government securities and 0 to 30 per cent of asset in money market instruments.

ICICI Prudential MF launches new close ended scheme 09/02/2015

ICICI Prudential MF launches new close ended scheme
09/02/2015 10:58
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 G” 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 February 2 and will close on February 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 Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Vinay Sharma, Rahul Goswami, Aditya Pagaria, Shalya Shah and Chandni Gupta 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.

36-month scheme launched by DSP BlackRock MF 09/02/2015

36-month scheme launched by DSP BlackRock MF
09/02/2015 10:51
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock Dual Advantage Fund - Series 35 - 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 on February 4 and will close on February 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 any amount 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.

Div declared for Reliance Interval Fund - Quarterly Series 2 09/02/2015

Div declared for Reliance Interval Fund - Quarterly Series 2
09/02/2015 10:43
Reliance Mutual Fund has announced 0.001 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2” on the face value of Rs 10 per unit. The record date for the dividend is February 10. 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.

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 34 06/02/2015

Deutsche MF launches new plan under Hybrid Fixed Term Fund - Series 34
06/02/2015 11:04
Deutsche Mutual Fund has launched a new close ended debt scheme named “DWS Hybrid Fixed Term Fund - Series 34 (1240 days)” with maturity period of 1240 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 February 2 and will close on February 13. 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.

Feb 10 set as record date for div under “Reliance Interval Fund - Quarterly Series 2 - IP” 06/02/2015

Feb 10 set as record date for div under “Reliance Interval Fund - Quarterly Series 2 - IP”
06/02/2015 10:57
Reliance Mutual Fund has announced 0.001 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2 - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 10. 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.

Div declared for Reliance Interval Fund - Quarterly Series 2 - DP 06/02/2015

Div declared for Reliance Interval Fund - Quarterly Series 2 - DP
06/02/2015 10:54
Reliance Mutual Fund has announced 0.001 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 10. 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 announces 1.9% div under Interval Fund - Quarterly Series 2 06/02/2015

Reliance MF announces 1.9% div under Interval Fund - Quarterly Series 2
06/02/2015 10:49
Reliance Mutual Fund has announced 1.924 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2” on the face value of Rs 10 per unit. The record date for the dividend is February 9. 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.

1.9% div announced under Reliance Interval Fund - Quarterly Series 2 - DP 06/02/2015

1.9% div announced under Reliance Interval Fund - Quarterly Series 2 - DP
06/02/2015 10:46
Reliance Mutual Fund has announced 1.924 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 9. 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.

Asset base of Individual investors up 32% to Rs 5.24 lakh cr 05/02/2015

Asset base of Individual investors up 32% to Rs 5.24 lakh cr
05/02/2015 14:59
Over the last nine months of the current fiscal year (2014-15), individual investors have increased their assets base by 32 per cent to Rs 5.24 lakh crore, reported PTI. "Individual investors held Rs 5.24 lakh crore in mutual funds as of December 2014, an increase of 31.68 per cent over March 2014," according to data from the Association of Mutual Funds of India (AMFI). These individuals' assets have mainly come from the top 15 locations and are primarily distributor driven. "About 72 per cent of the assets of individual investors are from top 15 cities, brought in by distributors," AMFI said. Together, all 45 mutual fund houses manage assets worth over Rs 11 lakh crore. Industry insiders said the key contributing factors for increase in individual investors' asset base was an uptick in sentiments and expectations of an investor-friendly and reforms-oriented government delivering on policy changes. Most of the money was pumped in equity oriented schemes, which was supported by a sharp rally in stock markets. The growth in assets base is in line with the BSE's benchmark Sensex surging by 23 per cent in the first nine months of the current financial year. Moreover, there are about 4.03 crore investor accounts, or folios, of which 99 per cent is accounted by individual investors. Folios are numbers designated to individual investor accounts though one investor can have multiple folios. Of 4.03 crore folios, retail investors accounted for 3.86 crore folios, followed by HNI accounts (13.22 lakh) and institutional investors (3.34 lakh). Assets managed by the Indian mutual fund industry have grown from Rs 9.02 lakh crore in March last year to Rs 11.34 lakh crore in December 2014.

Feb 9 set as record date for div under “Reliance Interval Fund - Quarterly Series 2 - IP” 05/02/2015

Feb 9 set as record date for div under “Reliance Interval Fund - Quarterly Series 2 - IP”
05/02/2015 11:08
Reliance Mutual Fund has announced 1.933 per cent dividend under dividend payout option of scheme named as “Reliance Interval Fund - Quarterly Series 2 - Institutional Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 9. 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.

JP Morgan MF announces 10% div under India Fixed Maturity Plan - Series 302 05/02/2015

JP Morgan MF announces 10% div under India Fixed Maturity Plan - Series 302
05/02/2015 11:05
JP Morgan Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “JPMorgan India Fixed Maturity Plan - Series 302” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 11.36.
The investment objective of the Debt - FMP scheme is to generate income through investments in Debt Securities / Money Market Instruments and Government of India Securities (GoI Securities) maturing on or before the maturity date of the Scheme.
The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Namdev Chougule is the fund manager of the scheme.

Div declared for JP Morgan India Income Fund - Series 501 05/02/2015

Div declared for JP Morgan India Income Fund - Series 501
05/02/2015 11:03
JP Morgan Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “JPMorgan India Income Fund - Series 501” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 11.99.
The investment objective of the debt - income scheme is to generate income through investments in Debt Securities/money market instruments and Government of India Securities ("GoI Securities") maturing on or before the maturity date of the Scheme.
The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Namdev Chougule is the fund manager of the scheme.

Religare Invesco MF announces 29% div under Mid Cap Fund - Equity - DP 05/02/2015

Religare Invesco MF announces 29% div under Mid Cap Fund - Equity - DP
05/02/2015 10:56
Religare Invesco Mutual Fund has announced 29 per cent dividend under dividend payout option of scheme named as “Religare Invesco Mid Cap Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 28.79.
The investment objective of the equity - diversified scheme is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies.
The performance of the scheme is benchmarked against CNX Midcap Index. Vinay Paharia is the fund manager of the scheme.

30% div announced under Reliance Regular Savings Fund - Equity 05/02/2015

30% div announced under Reliance Regular Savings Fund - Equity
05/02/2015 10:52
Reliance Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “Reliance Regular Savings Fund - Equity” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 28.42.
The investment objective of the equity - diversified scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity and equity-related securities.
The performance of the scheme is benchmarked against BSE 100 Index. Omprakash Kuckian is the fund manager of the scheme.

GoldmanS Bank BeES - Board Meeting on Feb 09, 2015 (to consider Dividend) 04/02/2015

GoldmanS Bank BeES - Board Meeting on Feb 09, 2015 (to consider Dividend)
04/02/2015 12:02
Goldman Sachs Banking Index Exchange Traded Scheme has informed BSE that the meeting of the Board of Directors of Goldman Sachs Trustee Company (India) Private Limited (Trustee to Goldman Sachs Mutual Fund) will be held on February 09, 2015 to consider declaration/recommendation of dividend in Goldman Sachs Banking Index Exchange Traded Scheme (GS Bank BeES).

20% div announced under ICICI Prudential Tax Plan - Direct Plan 04/02/2015

20% div announced under ICICI Prudential Tax Plan - Direct Plan
04/02/2015 11:03
ICICI Prudential Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Tax Plan - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 31.20.
The investment objective of the open ended Equity – ELSS scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities.
The performance of the scheme is benchmarked against S&P CNX 500 Equity Index (500 Cos). Chintan Haria is the fund manager of the scheme.

JP Morgan MF announces div under JP Morgan FMP S502 04/02/2015

JP Morgan MF announces div under JP Morgan FMP S502
04/02/2015 10:58
JP Morgan Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “JP Morgan India Fixed Maturity Plan - Series 502” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 11.53.
The investment objective of the close ended debt scheme is to generate income through investments in Debt Securities / Money Market Instruments and Government of India Securities ("GoI Securities") maturing on or before the maturity date of the Scheme.
The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Namdev Chougule is the fund manager of the scheme.

Div declared under ICICI Prudential Tax Plan 04/02/2015

Div declared under ICICI Prudential Tax Plan
04/02/2015 10:52
ICICI Prudential Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Tax Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 26.26.
The investment objective of the open ended equity-ELSS scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities.
The performance of the scheme is benchmarked against S&P CNX 500 Equity Index. Chintan Haria is the fund manager of the scheme.

Feb 6 set as record date for div under “Religare Invesco Mid Cap Fund” 04/02/2015

Feb 6 set as record date for div under “Religare Invesco Mid Cap Fund”
04/02/2015 10:43
Religare Invesco Mutual Fund has announced 29 per cent dividend under dividend payout option of scheme named as “Religare Invesco Mid Cap Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 28.22.
The investment objective of the open ended equity diversified scheme is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies.
The performance of the scheme is benchmarked against CNX Midcap Index. Vinay Paharia is the fund manager of the scheme.

28.5% div announced under Tata Tax Saving Fund 04/02/2015

28.5% div announced under Tata Tax Saving Fund
04/02/2015 10:37
Tata Mutual Fund has announced 28.5 per cent dividend under dividend payout option of scheme named as “Tata Tax Saving Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 6. The latest NAV of the scheme is Rs 71.89.
The investment objective of the open ended Equity – ELSS scheme is to provide medium to long term capital gains along with income tax relief to its unitholders while emphasizing the importance of capital appreciation.
The performance of the scheme is benchmarked against S&P BSE Sensex. Pradeep Gokhale is the fund manager of the scheme.

Reliance MF announces 30% div under Regular Savings Fund - Equity - DP 03/02/2015

Reliance MF announces 30% div under Regular Savings Fund - Equity - DP
03/02/2015 11:08
Reliance Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “Reliance Regular Savings Fund - Equity - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 6. The latest NAV of the scheme is Rs 33.43. The investment objective of the equity - diversified scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity and equity-related securities. The performance of the scheme is benchmarked against BSE 100 Index. Omprakash Kuckian is the fund manager of the scheme.

Feb 5 set as record date for div under “DSP BlackRock Technology.com” 03/02/2015

Feb 5 set as record date for div under “DSP BlackRock Technology.com”
03/02/2015 11:03
DSP BlackRock Mutual Fund has announced 34 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Technology.com” on the face value of Rs 10 per unit. The record date for the dividend is February 5. The latest NAV of the scheme is Rs 33.72. The investment objective of the open ended growth scheme is to generate long term capital appreciation, and whose secondary objective is income generation and the distribution of dividend from a portfolio constituted of equity and equity related securities concentrating on the investment focus of the scheme. The performance of the scheme is benchmarked against S&P BSE TECk Index. Vinit Sambre is the fund manager of the scheme.

40% div announced under HDFC Long Term Advantage Fund 03/02/2015

40% div announced under HDFC Long Term Advantage Fund
03/02/2015 10:59
HDFC Mutual Fund has announced 40 per cent dividend under dividend payout option of scheme named as “HDFC Long Term Advantage Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 5. The latest NAV of the scheme is Rs 44.23. The investment objective of the Equity – ELSS scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. The performance of the scheme is benchmarked against BSE Sensitive Index. Chirag Setalvad is the fund manager of the scheme.

HDFC MF announces 40% div under Long Term Advantage Fund - DP 03/02/2015

HDFC MF announces 40% div under Long Term Advantage Fund - DP
03/02/2015 10:56
HDFC Mutual Fund has announced 40 per cent dividend under dividend payout option of scheme named as “HDFC Long Term Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 5. The latest NAV of the scheme is Rs 44.73. The investment objective of the Equity – ELSS scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Chirag Setalvad is the fund manager of the scheme.

Div declared for Escorts Income Plan 03/02/2015

Div declared for Escorts Income Plan
03/02/2015 10:52
Escorts Mutual Fund has announced 0.92 per cent dividend under dividend payout option of scheme named as “Escorts Income Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 3. The latest NAV of the scheme is Rs 11.70. 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.

Shriram A M C - Change in Directorate 02/02/2015

Shriram A M C - Change in Directorate
02/02/2015 19:26
Shriram Asset Management Company Ltd has informed BSE that:

1. Mr. Akhilesh Kumar Singh has been reappointed as Managing Director of the Company for a period of 3 years commencing February 14, 2015 subject to the approval of the shareholders.

2. Mr. Prabhakar Karandikar has been appointed as an Independent Director of the Company for a period of 5 years commencing March 01, 2015, subject to the approval of the shareholders.

3. Mr. Dhruv Mehta has been appointed as an Independent Director of the Company for a period of 5 years commencing March 01, 2015, subject to the approval of the shareholders.

Shriram A M C - Outcome of Board Meeting 02/02/2015

Shriram A M C - Outcome of Board Meeting
02/02/2015 19:15
Shriram Asset Management Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 02, 2015, inter alia, has decided to conduct Postal Ballot to seek approval of shareholders for the following items:

1. Re-Appointment of Mr. Akhilesh Kumar Singh, as Managing Director of the Company and fixing his remuneration.

2. Appointment of Mr. Prabhakar Karandikar as an Independent Director of the Company for a period of 5 years.

3. Appointment of Mr. Dhruv Mehta as an Independent Director of the Company for a period of 5 years.

Shriram A M C - Financial Results & Limited Review for Dec 31, 2014 (Standalone) 02/02/2015

Shriram A M C - Financial Results & Limited Review for Dec 31, 2014 (Standalone)
02/02/2015 17:32
Shriram Asset Management Company Ltd has informed BSE about the Standalone Financial Results & a copy of the Limited Review Report for the period ended December 31, 2014.

1% div announced under Escorts Income Bond 02/02/2015

1% div announced under Escorts Income Bond
02/02/2015 11:21
Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond” on the face value of Rs 10 per unit. The record date for the dividend is February 3. The latest NAV of the scheme is Rs 36.10. 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. There can be an exposure to equity and money market instruments. The performance of the scheme is benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.