Quantum Mutual Fund launches New Open Ended Scheme 30/04/2015

Quantum Mutual Fund launches New Open Ended Scheme
30/04/2015 09:56
Quantum Mutual Fund has launched a new open ended debt scheme named “Quantum Dynamic Bond Fund”. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 29 and will close on May 13, the scheme will reopen on May 25. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 500 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. Murthy Nagarajan will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income and capital appreciation will be met by active management of a portfolio consisting of short term and long term debt and money market instruments. Hence, the scheme will allocate 25 to 100 per cent of asset in Government Bond/Bills, 0 to 50 per cent asset in PSU Bonds, 0 to 75 per cent of asset in Certificate of Deposits and Commercial Paper and 0 to 100 per cent of asset in CBLO/Repos.

Div announced under DWS Treasury Fund - Investment Plan 30/04/2015

Div announced under DWS Treasury Fund - Investment Plan
30/04/2015 09:54
Deutsche Mutual Fund has announced 0.0079 per cent dividend under dividend payout option of scheme named as “DWS Treasury Fund - Investment Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.22. The investment objective of the open ended debt short term scheme is to provide liquidity and generate stable returns by investing in a mix of short term debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rakesh Suri is the fund manager of the scheme.

Dividend declared by JM Financial Mutual Fund 30/04/2015

Dividend declared by JM Financial Mutual Fund
30/04/2015 09:53
JM Financial Mutual Fund has announced 0.0090 per cent dividend under dividend payout option of scheme named as “JM Money Manager Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.04.
The investment objective of the open ended debt short term scheme is to generate stable long term returns with low risk strategy and capital appreciation/ accretion through investments in debt instruments and related securities besides preservation of capital.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Vikas Agarwal is the fund manager of the scheme.

Dividend announced by Franklin Templeton Mutual Fund 30/04/2015

Dividend announced by Franklin Templeton Mutual Fund
30/04/2015 09:52
Franklin Templeton Mutual Fund has announced 0.0120 per cent dividend under dividend payout option of scheme named as “Franklin India Cash Management Account” on the face value of Rs 10 per unit.
The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.01.
The investment objective of the close ended liquid fund scheme is to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pallab Roy is the fund manager of the scheme.

IDFC Mutual Fund declares 0.8% dividend 30/04/2015

IDFC Mutual Fund declares 0.8% dividend
30/04/2015 09:51
IDFC Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Plus Fund Plan B” on the face value of Rs 10 per unit.
The record date for the dividend is April 29. The latest NAV of the scheme is Rs 12.15.
The investment objective of the open ended equity diversified scheme is to generate income (absolute to low volatility returns) by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.

0.67% div announced by Birla Sun Life Mutual Fund 30/04/2015

0.67% div announced by Birla Sun Life Mutual Fund
30/04/2015 09:49
Birla Sun Life Mutual Fund has announced 0.67 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Enhanced Arbitrage Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 30. The latest NAV of the scheme is Rs 10.
The investment objective of the open ended equity diversified scheme is to generate income by investing predominantly in equity and equity related instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Lovelish Solanki is the fund manager of the scheme.

Shriram A M C - Outcome of Board Meeting 29/04/2015

Shriram A M C - Outcome of Board Meeting
29/04/2015 17:16
Shriram Asset Management Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2015, inter alia, has :

1. Did not recommend any dividend for the Financial Year ended March 31, 2015.

2. Approved the increase in Authorised Share Capital of the Company to Rs. 25,00,00,000 (Rupees Twenty Five Crores) subject to the approval of the shareholders.

3. Approved the Issuance of Redeemable Non Convertible Preference Shares not exceeding Rs. 10,00,00,000 (Rupees Ten Crores) by way of Private Placement subject to approval of Shareholders.

4. Appointed Mrs. Chandana Dutt as Chief Financial Officer (CFO) of the Company.

Shriram A M C - Financial Results & Auditors Report for March 31, 2015 (Standalone) (Audited) 29/04/2015

Shriram A M C - Financial Results & Auditors Report for March 31, 2015 (Standalone) (Audited)
29/04/2015 17:14
Shriram Asset Management Company Ltd has informed BSE about the Standalone Financial Results & a copy of the Auditors Report for the period ended March 31, 2015.

ICICI Prudential Mutual Fund launches new close ended scheme 29/04/2015

ICICI Prudential Mutual Fund launches new close ended scheme
29/04/2015 09:52
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 77 - 1480 Days Plan B” with maturity period of 1480 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 April 29 and will close on May 07.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not 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 the 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 fixed income securities/debt instruments maturing on or before the maturity of the Scheme. 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.

Div announced under Sahara Liquid Fund - Fixed Pricing 29/04/2015

Div announced under Sahara Liquid Fund - Fixed Pricing
29/04/2015 09:51
Sahara Mutual Fund has announced 0.0147 per cent dividend under dividend payout option of scheme named as “Sahara Liquid Fund - Fixed Pricing - Dividend” on the face value of Rs 1000 per unit.
The record date for the dividend is April 26. The latest NAV of the scheme is Rs 1038.57.
The investment objective of the open ended liquid fund scheme is to create a portfolio of debt and money market instruments with a view to provide high liquidity and reasonable returns.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Ashwini Kumar is the fund manager of the scheme.

Dividend declared by ICICI Prudential Mutual Fund 29/04/2015

Dividend declared by ICICI Prudential Mutual Fund
29/04/2015 09:50
ICICI Prudential Mutual Fund has announced 0.0460 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund - Monthly Interval Plan - 1” on the face value of Rs 10 per unit.
The record date for the dividend is April 27. The latest NAV of the scheme is Rs 10.
The investment objective of the interval 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.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Dividend announced by Reliance Mutual Fund 29/04/2015

Dividend announced by Reliance Mutual Fund
29/04/2015 09:49
Reliance Mutual Fund has announced 0.7220 per cent dividend under dividend payout option of scheme named as “Reliance Dual Advantage Fixed Tenure Fund II - Plan A” on the face value of Rs 10 per unit.
The record date for the dividend is April 29. The latest NAV of the scheme is Rs 15.06.
The investment objective of the close ended debt income scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure.
The performance of the scheme was benchmarked against Crisil MIP Blended Index. Krishan Daga is the fund manager of the scheme.

IDFC Mutual Fund declares 0.8% dividend 29/04/2015

IDFC Mutual Fund declares 0.8% dividend
29/04/2015 09:48
IDFC Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Plus Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 29. The latest NAV of the scheme is Rs 12.10.
The investment objective of the open ended equity diversified scheme is to generate income (absolute to low volatility returns) by taking advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.

6.73% Div announced by HDFC Mutual Fund 29/04/2015

6.73% Div announced by HDFC Mutual Fund
29/04/2015 09:47
HDFC Mutual Fund has announced 6.73 per cent dividend under dividend payout option of scheme named as “HDFC FMP 370 D April 2014 - 3” on the face value of Rs 10 per unit.
The record date for the dividend is April 27. The latest NAV of the scheme is Rs 10.
The investment objective of the close ended debt scheme is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the plan.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Shobhit Mehrotra is the fund manager of the scheme.

New close ended scheme launched by ICICI Prudential Mutual Fund 28/04/2015

New close ended scheme launched by ICICI Prudential Mutual Fund
28/04/2015 09:50
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 77 - 1132 Days Plan A” with maturity period of 1132 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 April 28 and will close on May 05. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not 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 the 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 fixed income securities/debt instruments maturing on or before the maturity of the Scheme. 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.

1% Div announced under Indiabulls Arbitrage Fund DP 28/04/2015

1% Div announced under Indiabulls Arbitrage Fund DP
28/04/2015 09:49
Indiabulls Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Indiabulls Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.36. The investment objective of the open ended equity diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Sumit Bhatnagar is the fund manager of the scheme.

21% dividend announced by Kotak Mahindra Mutual Fund 28/04/2015

21% dividend announced by Kotak Mahindra Mutual Fund
28/04/2015 09:48
Kotak Mahindra Mutual Fund has announced 21 per cent dividend under dividend payout option of scheme named as “Kotak Emerging Equity Scheme - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 28. The latest NAV of the scheme is Rs 21.59. The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid and small cap companies. The performance of the scheme was benchmarked against S&P BSE Mid-Cap. Pankaj Tibrewal is the fund manager of the scheme.

Dividend announced by Reliance Mutual Fund 28/04/2015

Dividend announced by Reliance Mutual Fund
28/04/2015 09:47
Reliance Mutual Fund has announced 0.7220 per cent dividend under dividend payout option of scheme named as “Reliance Dual Advantage Fixed Tenure Fund II - Plan B” on the face value of Rs 10 per unit. The record date for the dividend is April 29. The latest NAV of the scheme is Rs 15.15. The investment objective of the close ended debt income scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure. The performance of the scheme was benchmarked against Crisil MIP Blended Index. Krishan Daga is the fund manager of the scheme.

IDFC Mutual Fund declares 0.8% dividend 28/04/2015

IDFC Mutual Fund declares 0.8% dividend
28/04/2015 09:46
IDFC Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 29. The latest NAV of the scheme is Rs 12.79. The investment objective of the open ended equity diversified scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.

0.5% Div announced by Axis Mutual Fund 28/04/2015

0.5% Div announced by Axis Mutual Fund
28/04/2015 09:45
Axis Mutual Fund has announced 0.5 per cent dividend under dividend payout option of scheme named as “Axis Enhanced Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 27. The latest NAV of the scheme is Rs 10.58. The investment objective of the open ended equity diversified scheme is to generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pankaj Murarka is the fund manager of the scheme.

Edelweiss Mutual Fund launches New Open Ended Scheme 27/04/2015

Edelweiss Mutual Fund launches New Open Ended Scheme
27/04/2015 10:04
Edelweiss Mutual Fund has launched a new open ended exchange traded fund scheme named “Edelweiss Exchange Traded Scheme- Nifty (Nifty EES)”.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 24 and will close on May 5, the scheme will reopen on or before May 14.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 10,000 and in multiples of Rs 1 thereafter.
The performance of the scheme will be benchmarked against CNX Nifty Index. Ashish Sahay and Bhavesh Jain will be the fund managers of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme will be to provide returns before expenses that closely correspond to the total returns of the CNX Nifty subject to tracking errors. Hence, the scheme will allocate 95 to 100 per cent of asset in Stocks Constituting CNX Nifty Index and 0 to 5 per cent of asset in Debt and Money Market Instruments.

1% div announced under Indiabulls Arbitrage Fund 27/04/2015

1% div announced under Indiabulls Arbitrage Fund
27/04/2015 10:01
Indiabulls Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Indiabulls Arbitrage Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 28. The latest NAV of the scheme is Rs 10.33.
The investment objective of the open ended equity diversified scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Sumit Bhatnagar is the fund manager of the scheme.

21% dividend announced by Kotak Mahindra Mutual Fund 27/04/2015

21% dividend announced by Kotak Mahindra Mutual Fund
27/04/2015 10:00
Kotak Mahindra Mutual Fund has announced 21 per cent dividend under dividend payout option of scheme named as “Kotak Emerging Equity Scheme - Regular Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 28. The latest NAV of the scheme is Rs 21.69.
The investment objective of the open ended equity scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, by investing predominantly in mid and small cap companies.
The performance of the scheme was benchmarked against S&P BSE Mid-Cap. Pankaj Tibrewal is the fund manager of the scheme.

L&T Mutual Fund declares 1.1% Dividend 27/04/2015

L&T Mutual Fund declares 1.1% Dividend
27/04/2015 09:59
L&T Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “ L&T India Prudence - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 27. The latest NAV of the scheme is Rs 18.68.
The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education.
The performance of the scheme was benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.

Dividend declared by HDFC Mutual Fund 27/04/2015

Dividend declared by HDFC Mutual Fund
27/04/2015 09:58
HDFC Mutual Fund has announced 0.4 per cent dividend under dividend payout option of scheme named as “HDFC Arbitrage Fund - Wholesale Plan - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 27. The latest NAV of the scheme is Rs 10.57.
The performance of the scheme was benchmarked against S&P BSE Sensex. Anil Bamboli is the fund manager of the scheme.

0.5% Div announced under Axis Enhanced Arbitrage Fund 27/04/2015

0.5% Div announced under Axis Enhanced Arbitrage Fund
27/04/2015 09:57
Axis Mutual Fund has announced 0.5 per cent dividend under dividend payout option of scheme named as “Axis Enhanced Arbitrage Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 27. The latest NAV of the scheme is Rs 10.42.
The investment objective of the open ended equity diversified scheme is to generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pankaj Murarka is the fund manager of the scheme.

ICICI Prudential opens new branch in Tirupati 24/04/2015

ICICI Prudential opens new branch in Tirupati
24/04/2015 16:19
ICICI Prudential Mutual Fund, one of India's premiere fund houses announced that it has opened its new branch in Tirupati where it will be located in the Manoj Complex, Tirumala Bye pass Road, Maruthi Nagar, Tirupati. Raghav Iyengar, Executive Vice-President & Head (Retail & Institutional Sales), ICICI Prudential AMC said, “The launch of the branch in Tirupati further strengthens our distribution network in the State of Andhra Pradesh. This will help us provide necessary service support and facilitate better understanding of investor demands specific to the region,’’

New Close Ended Scheme launched by Reliance Mutual Fund 24/04/2015

New Close Ended Scheme launched by Reliance Mutual Fund
24/04/2015 09:39
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXVIII- Series 17” with maturity period of 1125 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 24 and will close on April 27. 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 also be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the 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 diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate. Hence, the scheme will allocate 80 to 100 per cent of asset in Government Securities and Debt Instruments and 0 to 20 per cent of asset in Money Market Instruments.

14.5% Dividend Announced by Canara Robeco Mutual Fund 24/04/2015

14.5% Dividend Announced by Canara Robeco Mutual Fund
24/04/2015 09:38
Canara Robeco Mutual Fund has announced 14.5 per cent dividend under dividend payout option of scheme named as “Canara Robeco Balance - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 24. The latest NAV of the scheme is Rs 82.40. The investment objective of the open ended equity scheme is to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity related securities as well as fixed income securities. The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Krishna Sanghavi is the fund manager of the scheme.

L&T Mutual Fund declares 1.1% Dividend 24/04/2015

L&T Mutual Fund declares 1.1% Dividend
24/04/2015 09:37
L&T Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Frontline Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 27. The latest NAV of the scheme is Rs 18.01. The investment objective of the open ended equity diversified scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments to help generating funds in the long term to save for the cost of children's education. The performance of the scheme was benchmarked against BSE 200 Index (200 Cos). Vikram Chopra is the fund manager of the scheme.

Dividend declared by SBI Mutual Fund 24/04/2015

Dividend declared by SBI Mutual Fund
24/04/2015 09:36
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 April 24. The latest NAV of the scheme is Rs 13.16. The investment objective of the open ended 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 was benchmarked against Crisil Liquid Fund Index. Suchita Shah is the fund manager of the scheme.

1% Div announced under BNP Paribas Dividend Yield Fund 24/04/2015

1% Div announced under BNP Paribas Dividend Yield Fund
24/04/2015 09:35
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 April 24. The latest NAV of the scheme is Rs 16.66. The investment objective of the open ended equity diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme was benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.

1% Div announced under BNP Paribas Dividend Yield Fund 23/04/2015

1% Div announced under BNP Paribas Dividend Yield Fund
23/04/2015 10:00
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 April 24. The latest NAV of the scheme is Rs 16.18.
The investment objective of the open ended equity diversified scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks.
The performance of the scheme was benchmarked against CNX 200 Index. Shreyash Devalkar is the fund manager of the scheme.

New Close Ended Scheme launched by Axis Mutual Fund 23/04/2015

New Close Ended Scheme launched by Axis Mutual Fund
23/04/2015 10:00
Axis Mutual Fund has launched a new close ended debt scheme named “Axis Hybrid Fund - Series 22 (1278 days close ended debt scheme)” with maturity period of 1278 days from and including the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 21 and will close on May 5.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against Crisil MIP Blended Fund Index. Devang Shah and Jinesh Gopani will be the fund managers of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income and capital appreciation will be met by investing in high quality fixed income securities, equity and equity related instruments that are maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 70 to 95 per cent of asset in Debt instruments including securitized Debt, 0 to 25 per cent of asset in Money Market Instruments and 5 to 30 per cent of asset in Equity and Equity Related Instruments.

Canara Robeco announces 14.5% dividend 23/04/2015

Canara Robeco announces 14.5% dividend
23/04/2015 09:59
Canara Robeco Mutual Fund has announced 14.5 per cent dividend under dividend payout option of scheme named as “Canara Robeco Balance” on the face value of Rs 10 per unit.
The record date for the dividend is April 24. The latest NAV of the scheme is Rs 81.96.
The investment objective of the open ended equity scheme is to generate long term capital appreciation and / or income from a portfolio constituted of equity and equity related securities as well as fixed income securities.
The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Krishna Sanghavi is the fund manager of the scheme.

Div declared under Birla Sun Life Frontline Equity Fund 23/04/2015

Div declared under Birla Sun Life Frontline Equity Fund
23/04/2015 09:58
Birla Sun Life Mutual Fund has announced 17.5 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Frontline Equity Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 24. The latest NAV of the scheme is Rs 29.85.
The investment objective of the open ended equity diversified scheme is to provide long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200.
The performance of the scheme was benchmarked against BSE 200 Index (200 Cos). Mahesh Patil is the fund manager of the scheme.

70% dividend declared by SBI Mutual Fund 23/04/2015

70% dividend declared by SBI Mutual Fund
23/04/2015 09:57
SBI Mutual Fund has announced 70 per cent dividend under dividend payout option of scheme named as “SBI Magnum Equity Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 24. The latest NAV of the scheme is Rs 44.34.
The investment objective of the open ended equity diversified scheme is to provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.
The performance of the scheme was benchmarked against NSE Index. R Srinivasan is the fund manager of the scheme.

Dividend announced by ICICI Prudential Mutual Fund 23/04/2015

Dividend announced by ICICI Prudential Mutual Fund
23/04/2015 09:56
ICICI Prudential Mutual Fund has announced 18.1 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Top 100 Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 24. The latest NAV of the scheme is Rs 19.41.
The investment objective of the open ended equity diversified 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 was benchmarked against NSE Index. Sankaran Naren is the fund manager of the scheme.

Kotak Mahindra Mutual Fund launches new Close Ended Scheme 22/04/2015

Kotak Mahindra Mutual Fund launches new Close Ended Scheme
22/04/2015 09:59
Kotak Mahindra Mutual Fund has launched a new close ended equity scheme named “Kotak India Growth Fund Series I” with maturity period of 3 years after the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 13 and will close on April 27. 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 be nil. 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 200. Harish Krishnan will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate capital appreciation will be met by investing in a diversified portfolio of equity & equity related instruments across market capitalisation and sectors. Hence, the scheme will allocate 80 to 100 per cent of asset in Equity and Equity Related Securities and 0 to 20 per cent of asset in Debt and Money Market Securities.

Dividend announced by JM Financial Mutual Fund 22/04/2015

Dividend announced by JM Financial Mutual Fund
22/04/2015 09:58
JM Financial Mutual Fund has announced 0.7 per cent dividend under dividend payout option of scheme named as “JM Arbitrage Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 22. The latest NAV of the scheme is Rs 10.73. The investment objective of the open ended equity diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Chaitanya Choksi is the fund manager of the scheme.

Div declared under Edelweiss Short Term Income Fund 22/04/2015

Div declared under Edelweiss Short Term Income Fund
22/04/2015 09:57
Edelweiss Mutual Fund has announced 1.4445 per cent dividend under dividend payout option of scheme named as “Edelweiss Short Term Income Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 22. The latest NAV of the scheme is Rs 12.62. The investment objective of the open ended debt short term scheme is to generate regular income through investments in Debt & Money Market Instruments. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Bhavesh Jain is the fund manager of the scheme.

Div declared under LIC Nomura MF Balanced Fund - Div 22/04/2015

Div declared under LIC Nomura MF Balanced Fund - Div
22/04/2015 09:56
LIC Nomura Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “LIC Nomura MF Balanced Fund - Div” on the face value of Rs 10 per unit. The record date for the dividend is April 23. The latest NAV of the scheme is Rs 15.31. The investment objective of the open ended equity scheme is to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Ramnath Venkateswaran is the fund manager of the scheme.

60% dividend declared by SBI Mutual Fund 22/04/2015

60% dividend declared by SBI Mutual Fund
22/04/2015 09:53
SBI Mutual Fund has announced 60 per cent dividend under dividend payout option of scheme named as “SBI Magnum Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 24. The latest NAV of the scheme is Rs 38.06. The investment objective of the open ended equity diversified scheme is to provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments. The performance of the scheme was benchmarked against NSE Index. R Srinivasan is the fund manager of the scheme.

15% dividend announced by UTI Mutual Fund 22/04/2015

15% dividend announced by UTI Mutual Fund
22/04/2015 09:52
UTI Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “UTI Opportunities Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 23. The latest NAV of the scheme is Rs 21.59. The investment objective of the open ended equity diversified scheme is to generate capital appreciation and/or income distribution by investing the funds of the scheme in equity shares and equity related instruments. The performance of the scheme was benchmarked against BSE 100 Index. Anoop Bhaskar is the fund manager of the scheme.

Sundaram Mutual Fund launches new Close Ended Scheme 21/04/2015

Sundaram Mutual Fund launches new Close Ended Scheme
21/04/2015 09:55
Sundaram Mutual Fund has launched a new close ended income scheme named “Sundaram Fixed Term Plan GW” 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 April 21 and will close on April 23.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Sandeep Agarwal will be the fund manager of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in debt and money market securities, which mature on or before the maturity of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Short Term and medium term Debt Instruments and 0 to 20 per cent of asset in Money Market Instruments.

Dividend announced by JM Financial Mutual Fund 21/04/2015

Dividend announced by JM Financial Mutual Fund
21/04/2015 09:54
JM Financial Mutual Fund has announced 0.7 per cent dividend under dividend payout option of scheme named as “JM Arbitrage Advantage Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 22. The latest NAV of the scheme is Rs 10.49.
The investment objective of the open ended equity diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Chaitanya Choksi is the fund manager of the scheme.

Div declared under Edelweiss Absolute Return Fund 21/04/2015

Div declared under Edelweiss Absolute Return Fund
21/04/2015 09:53
Edelweiss Mutual Fund has announced 2.2 per cent dividend under dividend payout option of scheme named as “Edelweiss Absolute Return Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 22. The latest NAV of the scheme is Rs 13.86.
The investment objective of the open ended equity diversified scheme is to generate absolute returns with low volatility over a longer tenure of time by investing in arbitrage opportunities and debt and money market instruments on one hand and in pure equity investments and equity derivatives strategies on the other.
The performance of the scheme was benchmarked against Crisil MIP Blended Index. Ashish Sahay is the fund manager of the scheme

Div declared under L&T Cash Fund 21/04/2015

Div declared under L&T Cash Fund
21/04/2015 09:52
L&T Mutual Fund has announced 0.0305 per cent dividend under dividend payout option of scheme named as “L&T Cash Fund” on the face value of Rs 1000 per unit.
The record date for the dividend was April 19. The latest NAV of the scheme is Rs 1023.30.
The investment objective of the open ended liquid fund scheme is to deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Vikram Chopra is the fund manager of the scheme.

Dividend declared by SBI Mutual Fund 21/04/2015

Dividend declared by SBI Mutual Fund
21/04/2015 09:51
SBI Mutual Fund has announced 0.1222 per cent dividend under dividend payout option of scheme named as “SBI Magnum Insta Cash Fund - Regular Plan - Weekly Dividend” on the face value of Rs 1000 per unit.
The record date for the dividend was April 17. The latest NAV of the scheme is Rs 1078.08.
The investment objective of the open ended liquid fund scheme is to provide the investors an opportunity to earn returns through investment in debt & money market securities, while having the benefit of a very high degree of liquidity.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rajeev Radhakrishnan is the fund manager of the scheme.

Dividend announced by IDFC Mutual Fund 21/04/2015

Dividend announced by IDFC Mutual Fund
21/04/2015 09:50
IDFC Mutual Fund has announced 0.1068 per cent dividend under dividend payout option of scheme named as “IDFC Cash Fund Plan A - Retail Plan - Weekly Dividend” on the face value of Rs 1000 per unit.
The record date for the dividend was April 17. The latest NAV of the scheme is Rs 1001.67.
The investment objective of the open ended liquid fund scheme is to generate optimal returns with high liquidity by investing in high quality money market and debt instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches new Close Ended Scheme 20/04/2015

ICICI Prudential Mutual Fund launches new Close Ended Scheme
20/04/2015 10:04
ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan - Series 76 - 1135 Days Plan Z” with maturity period of 1135 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 April 15 and will close on April 21. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not 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 the 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 fixed income securities/debt instruments maturing on or before the maturity of the Scheme. 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.

Birla Sun Life Mutual Fund declares 100% dividend 20/04/2015

Birla Sun Life Mutual Fund declares 100% dividend
20/04/2015 10:03
Birla Sun Life Mutual Fund has announced 100 per cent dividend under dividend payout option of scheme named as “Birla Sun Life MNC Fund - Div” on the face value of Rs 10 per unit. The record date for the dividend is April 22. The latest NAV of the scheme is Rs 171.49. The investment objective of the open ended equity scheme is to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach. The performance of the scheme was benchmarked against CNX MNC Index. Ajay Garg is the fund manager of the scheme.

Div declared under Edelweiss Absolute Return Fund - Direct Plan 20/04/2015

Div declared under Edelweiss Absolute Return Fund - Direct Plan
20/04/2015 10:02
Edelweiss Mutual Fund has announced 2.2 per cent dividend under dividend payout option of scheme named as “Edelweiss Absolute Return Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 22. The latest NAV of the scheme is Rs 15.33. The investment objective of the open ended equity diversified scheme is to generate absolute returns with low volatility over a longer tenure of time by investing in arbitrage opportunities and debt and money market instruments on one hand and in pure equity investments and equity derivatives strategies on the other. The performance of the scheme was benchmarked against Crisil MIP Blended Index. Ashish Sahay is the fund manager of the scheme.

6% Div declared by Tata Mutual Fund 20/04/2015

6% Div declared by Tata Mutual Fund
20/04/2015 10:01
Tata Mutual Fund has announced 6 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A - 5% - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 17. The latest NAV of the scheme is Rs 48.15. The investment objective of the open ended equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme was benchmarked against BSE Sensitive Index (30Cos). Atul Bhole is the fund manager of the scheme.

8% Dividend declared under DSP BlackRock Balanced Fund - Direct Plan 20/04/2015

8% Dividend declared under DSP BlackRock Balanced Fund - Direct Plan
20/04/2015 10:00
DSP BlackRock Mutual Fund has announced 8 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Balanced Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 17. The latest NAV of the scheme is Rs 33.96. The investment objective of the open ended equity 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 was benchmarked against Crisil Balanced Fund Index. Vinit Sambre is the fund manager of the scheme.

Dividend announced by ICICI Prudential Mutual Fund 20/04/201

Dividend announced by ICICI Prudential Mutual Fund
20/04/2015 09:59
ICICI Prudential Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Growth Fund - Series 4” on the face value of Rs 10 per unit. The record date for the dividend is April 17. The latest NAV of the scheme is Rs 11. The investment objective of the close ended equity diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related securities. The performance of the scheme was benchmarked against CNX Nifty Index. Manish Gunwani is the fund manager of the scheme.

Reliance Mutual Fund launches new Close Ended Scheme 17/04/2015

Reliance Mutual Fund launches new Close Ended Scheme
17/04/2015 09:59
Reliance Mutual Fund has launched a new close ended hybrid scheme named “Reliance Dual Advantage Fixed Tenure Fund VII- Plan E” with maturity period of 1102 days from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 15 and will close on April 29.
According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be nil. 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. Krishan Daga and Anju Chajjer will be the fund managers of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and reduce interest rate volatility will be met by investing in a portfolio of fixed income securities that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure. Hence, the scheme will allocate 65 to 95 per cent of asset in Debt Securities, 0 to 30 per cent of asset in Money Market Instruments and 5 to 20 per cent of asset in Equity and Equity Related Instruments.

8% Dividend declared by DSP BlackRock Mutual Fund 17/04/2015

8% Dividend declared by DSP BlackRock Mutual Fund
17/04/2015 09:57
DSP BlackRock Mutual Fund has announced 8 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Balanced Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 17. The latest NAV of the scheme is Rs 34.22.
The investment objective of the open ended equity 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 was benchmarked against Crisil Balanced Fund Index. Vinit Sambre is the fund manager of the scheme.

Div declared under IDFC Ultra Short Term Fund 17/04/2015

Div declared under IDFC Ultra Short Term Fund
17/04/2015 09:56
IDFC Mutual Fund has announced 0.0303 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit.
The record date for the dividend is April 15. The latest NAV of the scheme is Rs 10.02.
The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.

Dividend declared by L&T Mutual Fund 17/04/2015

Dividend declared by L&T Mutual Fund
17/04/2015 09:55
L&T Mutual Fund has announced 0.0166 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit.
The record date for the dividend was April 15. The latest NAV of the scheme is Rs 1011.63.
The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Div announced under Reliance Yearly Interval Fund - Series 6 - Direct Plan 17/04/2015

Div announced under Reliance Yearly Interval Fund - Series 6 - Direct Plan
17/04/2015 09:54
Reliance Mutual Fund has announced 0.0007 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 6 - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 15. The latest NAV of the scheme is Rs 10.
The investment objective of the interval debt 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 was benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

15% Dividend announced by ICICI Prudential Mutual Fund 17/04/2015

15% Dividend announced by ICICI Prudential Mutual Fund
17/04/2015 09:53
ICICI Prudential Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Equity Savings Fund - Series 1” on the face value of Rs 10 per unit.
The record date for the dividend is April 17. The latest NAV of the scheme is Rs 14.87.
The investment objective of the close ended equity diversified scheme is to generate capital appreciation, from a portfolio that is constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS).
The performance of the scheme was benchmarked against CNX 100 Index. Manish Gunwani is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches new Close Ended Scheme 16/04/2015

ICICI Prudential Mutual Fund launches new Close Ended Scheme
16/04/2015 10:06
ICICI Prudential Mutual Fund has launched a new close ended capital protection oriented fund scheme named “ICICI Prudential Capital Protection Oriented Fund - Series VIII - 1103 Days Plan B” 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 April 06 and will close on April 20.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not 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, Chandni Gupta and Shalya Shah will be the fund managers of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to protect capital and provide capital appreciation will be met by investing a portion of the portfolio in highest rated debt securities and money market instruments and investing the balance in equity and equity related securities. Hence, the scheme will allocate 70 to 100 per cent of asset in Debt Securities and Money Market Instruments and 0 to 30 per cent of asset in Equity and Equity Related Instruments.

Dividend announced under Birla Sun Life Cash Plus - Retail Plan 16/04/2015

Dividend announced under Birla Sun Life Cash Plus - Retail Plan
16/04/2015 10:05
Birla Sun Life Mutual Fund has announced 0.0270 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit.
The record date for the dividend is April 13. The latest NAV of the scheme is Rs 163.69.
The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Tata MF declares dividend under retail scheme 16/04/2015

Tata MF declares dividend under retail scheme
16/04/2015 10:04
Tata Mutual Fund has announced 0.1092 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Retail Plan” on the face value of Rs 1000 per unit.
The record date for the dividend is April 14. The latest NAV of the scheme is Rs 1015.10.
The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Dividend declared by L&T Mutual Fund 16/04/2015

Dividend declared by L&T Mutual Fund
16/04/2015 10:04
L&T Mutual Fund has announced 0.0151 per cent dividend under dividend payout option of scheme named as “L&T Cash Fund” on the face value of Rs 1000 per unit.
The record date for the dividend is April 14. The latest NAV of the scheme is Rs 1023.30.
The investment objective of the open ended liquid fund scheme is to deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Vikram Chopra is the fund manager of the scheme.

Div announced under Reliance Yearly Interval Fund - Series 6 16/04/2015

Div announced under Reliance Yearly Interval Fund - Series 6
16/04/2015 10:03
Reliance Mutual Fund has announced 0.0001 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 6” on the face value of Rs 10 per unit.
The record date for the dividend is April 15. The latest NAV of the scheme is Rs 10.
The investment objective of the interval 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 was benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

15% Dividend announced by ICICI Prudential Mutual Fund 16/04/2015

15% Dividend announced by ICICI Prudential Mutual Fund
16/04/2015 10:01
ICICI Prudential Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Growth Fund - Series 4 - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 17. The latest NAV of the scheme is Rs 11.24.
The investment objective of the close ended equity diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related securities.
The performance of the scheme was benchmarked against CNX Nifty Index. Manish Gunwan is the fund manager of the scheme.

New Close Ended Scheme launched by Deutsche Mutual Fund 15/04/2015

New Close Ended Scheme launched by Deutsche Mutual Fund
15/04/2015 09:58
Deutsche Mutual Fund has launched a new close ended equity fund scheme named “DWS Large Cap Fund - Series 3 (1281 days)” with maturity period of 1281 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 April 10 and will close on April 20. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be nil. 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 CNX Nifty Index. Akash Singhania will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate capital appreciation will be met by investing in a diversified portfolio of equity and equity related securities of large cap companies in India. Hence, the scheme will allocate 70 to 100 per cent of asset in Equity and Equity Related Instruments of Large Cap Companies, 0 to 30 per cent of asset in Equity and Equity Related Instruments of Non Large Cap Companies and 0 to 10 per cent of asset in Debt and Money Market Instruments.

Dividend announced under Birla Sun Life Fixed Term Plan - Series KO 15/04/2015

Dividend announced under Birla Sun Life Fixed Term Plan - Series KO
15/04/2015 09:56
Birla Sun Life Mutual Fund has announced 7.2919 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series KO” on the face value of Rs 10 per unit. The record date for the dividend is April 13. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.

6% Div declared by Tata Mutual Fund 15/04/2015

6% Div declared by Tata Mutual Fund
15/04/2015 09:55
Tata Mutual Fund has announced 6 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Trigger Option A - 5%” on the face value of Rs 10 per unit. The record date for the dividend is April 17. The latest NAV of the scheme is Rs 48.80. The investment objective of the open ended equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme was benchmarked against BSE Sensitive Index. Atul Bhole is the fund manager of the scheme.

8% Dividend declared under DSP BlackRock Balanced Fund 15/04/2015

8% Dividend declared under DSP BlackRock Balanced Fund
15/04/2015 09:54
DSP BlackRock Mutual Fund has announced 8 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 April 17. The latest NAV of the scheme is Rs 26.98. The investment objective of the open ended equity 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 was benchmarked against Crisil Balanced Fund Index. Vinit Sambre is the fund manager of the scheme.

Div announced under Reliance Yearly Interval Fund - Series 6 - Direct Plan 15/04/2015

Div announced under Reliance Yearly Interval Fund - Series 6 - Direct Plan
15/04/2015 09:53
Reliance Mutual Fund has announced 6.5790 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 6 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 13. The latest NAV of the scheme is Rs 10. The investment objective of the interval debt income scheme is to generate returns and growth of capital by investing in a diversifed portfolio of the following securities which are maturing on or before the next specifed 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 was benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

Dividend announced by ICICI Prudential Mutual Fund 15/04/2015

Dividend announced by ICICI Prudential Mutual Fund
15/04/2015 09:51
ICICI Prudential Mutual Fund has announced 0.0450 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund V - Monthly Interval Plan A” on the face value of Rs 10 per unit. The record date for the dividend was April 13. The latest NAV of the scheme is Rs 10.01. The investment objective of the interval debt income scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Shriram A M C - Shareholding Pattern For March 31, 2015 14/04/2015

Shriram A M C - Shareholding Pattern For March 31, 2015
14/04/2015 11:32
Shriram Asset Management Company Ltd has informed BSE about the Shareholding Pattern as on March 31, 2015.

Shriram A M C - Closure of Trading Window 13/04/2015

Shriram A M C - Closure of Trading Window
13/04/2015 17:27
Shriram Asset Management Company Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on April 29, 2015 inter-alia to consider, the Audited Financial Results for the quarter and year ended March 31, 2015.

Further, the `Trading Window' as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992, will be closed from April 23, 2015 to April 30, 2015 (both days inclusive).

New Close Ended Scheme launched by Tata Mutual Fund 13/04/2015

New Close Ended Scheme launched by Tata Mutual Fund
13/04/2015 09:59
Tata Mutual Fund has launched a new close ended debt scheme named “Tata Fixed Maturity Plan Series 49 Scheme C” with maturity period of 1099 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 10 and will close on April 15. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Somani will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income and / or capital appreciation will be met by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. Hence, the scheme will allocate 85 to 100 per cent of asset in Debt Instruments and 0 to 15 per cent of asset in Money Market Instruments.

Dividend announced under Birla Sun Life Fixed Term Plan - Series ER 13/04/2015

Dividend announced under Birla Sun Life Fixed Term Plan - Series ER
13/04/2015 09:58
Birla Sun Life Mutual Fund has announced 21.9975 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series ER” on the face value of Rs 10 per unit. The record date for the dividend was April 09. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Div declared under L&T Cash Fund 13/04/2015

Div declared under L&T Cash Fund
13/04/2015 09:57
L&T Mutual Fund has announced 0.0152 per cent dividend under dividend payout option of scheme named as “L&T Cash Fund” on the face value of Rs 1000 per unit. The record date for the dividend was April 08. The latest NAV of the scheme is Rs 1023.30. The investment objective of the open ended liquid fund scheme is to deliver reasonable returns with lower volatility and higher liquidity through a portfolio of debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Vikram Chopra is the fund manager of the scheme.

Dividend declared by DSP BlackRock Mutual Fund 13/04/2015

Dividend declared by DSP BlackRock Mutual Fund
13/04/2015 09:56
DSP BlackRock Mutual Fund has announced 0.0850 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Liquidity Fund - Retail Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 08. The latest NAV of the scheme is Rs 12.42. The investment objective of the open ended liquid fund scheme is to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Laukik Bagwe is the fund manager of the scheme.

Div announced under Reliance Yearly Interval Fund - Series 6 13/04/2015

Div announced under Reliance Yearly Interval Fund - Series 6
13/04/2015 09:55
Reliance Mutual Fund has announced 6.5030 per cent dividend under dividend payout option of scheme named as “Reliance Yearly Interval Fund - Series 6” on the face value of Rs 10 per unit. The record date for the dividend is April 13. The latest NAV of the scheme is Rs 10.91. The investment objective of the interval 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 specifed 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 was benchmarked against Crisil Short-Term Bond Fund Index. Amit Tripathi is the fund manager of the scheme.

Dividend announced by ICICI Prudential Mutual Fund 13/04/2015

Dividend announced by ICICI Prudential Mutual Fund
13/04/2015 09:53
ICICI Prudential Mutual Fund has announced 0.3610 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 70 - 745 Days Plan G” on the face value of Rs 10 per unit. The record date for the dividend was April 09. The latest NAV of the scheme is Rs 10.50. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Rohan Maru is the fund manager of the scheme.

Mutual Funds equity inflow rises to Rs 40k-cr in FY15 13/04/2015

Mutual Funds equity inflow rises to Rs 40k-cr in FY15
13/04/2015 08:14
Mutual funds pumped in over Rs 40,000 crore in equity markets in 2014-15, making it their first net inflow in six years for an entire fiscal, said the media report. The inflows have been mainly on account of positive investor sentiment, helped by the government's reforms agenda and improved fundamentals of the economy. Besides, fund managers invested a net amount of Rs 5.87 lakh crore in debt markets in the past financial year, which ended on March 31. According to the latest Sebi data, mutual fund managers invested a net sum of Rs 40,722 crore in 2014-15 while they pulled out over Rs 14,000 crore in the preceding financial year. The last fiscal witnessed a net inflow after seeing outflows, on net basis, for five consecutive financial years. Experts have attributed the inflows in equity markets to the government's reforms agenda, improved fundamentals of the domestic economy and increased participation from retail investors. However, industry body Association of Mutual Funds of India's (Amfi) decision to put one per cent cap on upfront commission paid to distributors may impact the sector, they added.

Kotak Gold ETF - Fixes Record Date for Split of ETF Units 11/04/2015

Kotak Gold ETF - Fixes Record Date for Split of ETF Units
11/04/2015 14:17
Kotak Mahindra Mutual Fund - Kotak Gold Exchange Traded Fund has informed BSE that the Company has fixed Record Date as April 15, 2015 for the purpose of the face value of each unit offered under the Scheme (Kotak Gold ETF - INF373I01015) shall be changed from Rs 100 to Rs 10. Each creation unit will consist of 10000 units of Kotak Gold ETF. Each unit of Kotak Gold ETF will be approximately equal to 1/10th of 1 gram of gold.

Reliance Mutual Fund launches new Close Ended Scheme 10/04/2015

Reliance Mutual Fund launches new Close Ended Scheme
10/04/2015 10:12
Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXVIII- Series 16” with maturity period of 1151 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 April 09 and will close on April 15. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund managers of the scheme. The asset allocation of the 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 diversified portfolio of Central and State Government securities and other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 80 to 100 per cent of asset in Government Securities and Debt Instruments and 0 to 20 per cent of asset in Money Market Instruments.

Dividend announced under Birla Sun Life Cash Plus - Retail Plan 10/04/2015

Dividend announced under Birla Sun Life Cash Plus - Retail Plan
10/04/2015 10:11
Birla Sun Life Mutual Fund has announced 0.0245 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend is April 07. The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Div declared under L&T FMP - Series X - Plan S 10/04/2015

Div declared under L&T FMP - Series X - Plan S
10/04/2015 10:10
L&T Mutual Fund has announced 3.4091 per cent dividend under dividend payout option of scheme named as “L&T FMP - Series X - Plan S” on the face value of Rs 10 per unit. The record date for the dividend is April 08. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Shobheta Manglik is the fund manager of the scheme.

Dividend declared by IDFC Mutual Fund 10/04/2015

Dividend declared by IDFC Mutual Fund
10/04/2015 10:09
IDFC Mutual Fund has announced 0.0092 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend is April 08. The latest NAV of the scheme is Rs 10.02. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.

Div announced under Tata Floating Rate Fund - Long Term 10/04/2015

Div announced under Tata Floating Rate Fund - Long Term
10/04/2015 10:08
Tata Mutual Fund has announced 0.1094 per cent dividend under dividend payout option of scheme named as “Tata Floating Rate Fund - Long Term” on the face value of Rs 1000 per unit. The record date for the dividend is April 07. The latest NAV of the scheme is Rs 1018.53. The investment objective of the open ended debt scheme is to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Dividend announced by ICICI Prudential Mutual Fund 10/04/2015

Dividend announced by ICICI Prudential Mutual Fund
10/04/2015 10:07
ICICI Prudential Mutual Fund has announced 0.3610 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 73 - 1120 Days Plan L - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 08. The latest NAV of the scheme is Rs 11.13. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Rohan Maru is the fund manager of the scheme.

HSBC Mutual Fund launches new Close Ended Scheme 09/04/2015

HSBC Mutual Fund launches new Close Ended Scheme
09/04/2015 10:07
HSBC Mutual Fund has launched a new close ended capital protection oriented scheme named “HSBC Capital Protection Oriented Fund - Series II - Plan II” with maturity period of 1173 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 April 06 and will close on April 13.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL MIP Blended Index. Sanjay Shah and Amaresh Mishra will be the fund managers of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to seek protection of capital will be met by investing a portion of the portfolio in high quality debt securities and money market instruments and also to provide capital appreciation by investing in equities through NIFTY (Index) Call Options. Hence, the scheme will allocate 80 to 100 per cent of asset in Fixed Income and Money Market Instruments and 0 to 20 per cent of asset in Equity through NIFTY Index Call options.

Dividend announced by Reliance Mutual Fund 09/04/2015

Dividend announced by Reliance Mutual Fund
09/04/2015 10:05
Reliance Mutual Fund has announced 0.7220 per cent dividend under dividend payout option of scheme named as “Reliance Dual Advantage Fixed Tenure Fund II - Plan B” on the face value of Rs 10 per unit.
The record date for the dividend is April 10. The latest NAV of the scheme is Rs 15.20.
The investment objective of the close ended debt income scheme is to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure.
The performance of the scheme was benchmarked against Crisil MIP Blended Index. Krishan Daga is the fund manager of the scheme.

Div declared under L&T FMP - Series X - Plan Q - Direct Plan 09/04/2015

Div declared under L&T FMP - Series X - Plan Q - Direct Plan
09/04/2015 10:04
L&T Mutual Fund has announced 3.4362 per cent dividend under dividend payout option of scheme named as “L&T FMP - Series X - Plan Q - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 07. The latest NAV of the scheme is Rs 10.
The investment objective of the close ended debt scheme is to achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Shobheta Manglik is the fund manager of the scheme.

7.3% div declared under HDFC FMP 390 D March 2014 - 1 - DP 09/04/2015

7.3% div declared under HDFC FMP 390 D March 2014 - 1 - DP
09/04/2015 10:02
HDFC Mutual Fund has announced 7.3350 per cent dividend under dividend payout option of scheme named as “HDFC FMP 390 D March 2014 - 1 - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 07. The latest NAV of the scheme is Rs 10.
The investment objective of the close ended debt scheme is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the plan.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Anil Bamboli is the fund manager of the scheme.

Div announced under Birla Sun Life Fixed Term Plan - Series KE - Direct Plan 09/04/2015

Div announced under Birla Sun Life Fixed Term Plan - Series KE - Direct Plan
09/04/2015 10:01
Birla Sun Life Mutual Fund has announced 7.9489 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series KE - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 07. The latest NAV of the scheme is Rs 10.
The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Dividend announced by Tata Mutual Fund 09/04/2015

Dividend announced by Tata Mutual Fund
09/04/2015 10:00
Tata Mutual Fund has announced 7.9970 per cent dividend under dividend payout option of scheme named as “Tata Fixed Maturity Plan Series 46 - Scheme M - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is April 07. The latest NAV of the scheme is Rs 10.00.
The investment objective of the close ended debt scheme is to generate income and / or capital appreciation by investing in wide range of Fixed Income Instruments having maturity in line with the maturity of a scheme.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Amit Somani is the fund manager of the scheme.

New Close Ended Scheme launched by DSP BlackRock Mutual Fund 08/04/2015

New Close Ended Scheme launched by DSP BlackRock Mutual Fund
08/04/2015 11:07
DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock Dual Advantage Fund - Series 37 - 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 April 06 and will close on April 20. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be not 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 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 the 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 and money market securities and also 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 in Equity and Equity Related Securities.

Dividend announced by ICICI Prudential Mutual Fund 08/04/2015

Dividend announced by ICICI Prudential Mutual Fund
08/04/2015 11:06
ICICI Prudential Mutual Fund has announced 0.3610 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 73 - 369 Days Plan S - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 06. The latest NAV of the scheme is Rs 10.94. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Rohan Maru is the fund manager of the scheme.

Div declared under L&T FMP - Series X - Plan M - Direct Plan 08/04/2015

Div declared under L&T FMP - Series X - Plan M - Direct Plan
08/04/2015 11:05
L&T Mutual Fund has announced 3.5508 per cent dividend under dividend payout option of scheme named as “L&T FMP - Series X - Plan M - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 06. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to achieve growth of capital through investments made in a basket of debt/ fixed income securities (including money market instruments) maturing on or before the maturity of the Scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Shobheta Manglik is the fund manager of the scheme.

Dividend declared by HSBC Mutual Fund 08/04/2015

Dividend declared by HSBC Mutual Fund
08/04/2015 11:04
HSBC Mutual Fund has announced 6.6030 per cent dividend under dividend payout option of scheme named as “HSBC Fixed Term Series - 109” on the face value of Rs 10 per unit. The record date for the dividend is April 06. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to seek generation of returns by investing in a portfolio of fixed income instruments which mature on or before the maturity date of the Plan(s). The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Sanjay Shah is the fund manager of the scheme.

Div announced under Birla Sun Life Fixed Term Plan - Series KZ - Direct Plan 08/04/2015

Div announced under Birla Sun Life Fixed Term Plan - Series KZ - Direct Plan
08/04/2015 11:03
Birla Sun Life Mutual Fund has announced 6.6609 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series KZ - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 06. The latest NAV of the scheme is Rs 10. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Dividend announced by LIC Nomura Mutual Fund 08/04/2015

Dividend announced by LIC Nomura Mutual Fund
08/04/2015 11:01
LIC Nomura Mutual Fund has announced 6.7370 per cent dividend under dividend payout option of scheme named as “LIC Nomura MF FMP Series 79 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 06. The latest NAV of the scheme is Rs 10.00. The investment objective of the close ended debt scheme is to minimize interest rate risk by investing in a portfolio of fixed income securities which mature on or before the maturity of the scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Killol Pandya is the fund manager of the scheme.

New Close Ended Scheme launched by Tata Mutual Fund 07/04/2015

New Close Ended Scheme launched by Tata Mutual Fund
07/04/2015 10:14
Tata Mutual Fund has launched a new close ended debt scheme named “Tata Fixed Maturity Plan Series 49 Scheme B” with maturity period of 1099 days from the date of allotment.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 6 and will close on April 8.
According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will also be nil. This suggests that the investors wishing to exit may do so through the stock exchange mode.
The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option.
The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Amit Somani will be the fund manager of the scheme.
The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income and/ or capital appreciation will be met by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. Hence, the scheme will allocate 85 to 100 per cent of asset in Debt instruments and 0 to 15 per cent of asset in Money Market Instruments.

Dividend announced by Tata Mutual Fund 07/04/2015

Dividend announced by Tata Mutual Fund
07/04/2015 10:13
Tata Mutual Fund has announced 0.1399 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Retail Plan” on the face value of Rs 1000 per unit.
The record date for the dividend is March 31. The latest NAV of the scheme is Rs 1016.32.
The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unit holders.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Div declared under IDFC Ultra Short Term Fund 07/04/2015

Div declared under IDFC Ultra Short Term Fund
07/04/2015 10:11
IDFC Mutual Fund has announced 0.1525 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit.
The record date for the dividend is March 31. The latest NAV of the scheme is Rs 10.02.
The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns.
The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.