Baroda Pioneer Mutual Fund has announced dividend under various schemes, on the face value of Rs 10 per unit. The quantum of dividend for distribution under Baroda Pioneer Public Sector Undertaking Bond Fund -Quarterly Dividend Option is Rs 0.19 per unit and under Baroda Pioneer Monthly Income Plan (MIP) Fund is Quarterly Dividend Option is Rs 0.20 per unit. While under Baroda Pioneer 90 Day Fixed Maturity Plan-Series 3, the quantum of dividend is Rs 0.2234 per unit. The record date for dividend distribution is 26th September 2011.
News Source – MUTUAL FUND INDIA.
NEW FUND LAUNCH
Prudential Mutual Fund has launched the New Fund Offer (NFO) ICICI Prudential Capital Protection Oriented Fund – Series IV- 36 Months Plan, a close ended Capital Protection Oriented Fund. NFO opens for subscription on September 22, 2011 and closes on October 5, 2011. Entry and exit load charge will be nil for the scheme. The duration of the scheme will be 36 months from the date of allotment. The scheme offers dividend payout and cumulative option.
News Source – LIVE MINT.
LIC Nomura Mutual Fund has announced 27 September 2011 as the record date for declaration of dividend under the dividend payout option of LIC Nomura. The quantum of dividend will be upto 100% of distributable surplus as on the record date on the face value of Rs 10 per unit.
News Source – NAV INDIA.
NEW FUND LAUNCH
Reliance Mutual Fund launched Reliance Fixed Horizon Fund – XX – Series 6, a close ended income scheme. The new issue is open for subscription from 22nd September and closes on 26th September 2011.
News Source – AMFI INDIA.