NEW FUND LAUNCH

1.Taurus MF Unveils 91 Days Fixed Maturity Plan.

Taurus Mutual Fund has launched a new fund named as Taurus Fixed Maturity Plan – Series N (91 Days), a close ended debt scheme with the duration of 91 days from the date of allotment of units. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue will be open for subscription from 22 February and close on 23 February 2012.

News Source – INDIA INFOLINE.

 

2.Religare MF Unveils Religare Fixed Maturity Plan – Series XII – Plan F.

Religare Mutual Fund has unveiled a new fund named as Religare Fixed Maturity Plan – Series XII – Plan F (14 Months), a close ended debt scheme. The tenure of the scheme is 14 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 22 February and closes on 29 February 2012.

News Source – NAV INDIA.

 

DIVIDEND

 

3.UTI Fixed Income Interval Fund -Monthly Interval Plan I announces dividend.

UTI Mutual Fund has announced 27 February 2012 as the record date for declaration of dividend under the dividend option of UTI Fixed Income Interval Fund – Monthly Interval Plan I. The quantum of dividend on the face value of Rs. 10 per unit will be 100% of distributable surplus as on the record date.



News Source – INDIA INFOLINE.

 

4.Reliance Fixed Horizon Fund – XX – Series 4 announces dividend.

Reliance Mutual Fund has announced 27 February 2012 as the record date for declaration of dividend under the dividend payout option of Reliance Fixed Horizon Fund – XX – Series 4. The quantum of dividend will be entire distributable surplus available in the scheme as on the record date on the face value of Rs 10 per unit.

News Source – NAV INDIA.

 

5.Franklin Templeton Mutual Fund announces dividend under two schemes.

Franklin Templeton Mutual Fund has announced 2 March 2012 as the record date for declaration of dividend under Franklin Templeton Fixed Tenure Fund-Series XIII-Plan A and Franklin Templeton Fixed Tenure Fund-Series XV.

News Source – INDIA INFOLINE.

 

GENERAL

6.Pramerica Power SIP Introduced in Pramerica Dynamic Fund.

Pramerica Mutual Fund has introduced SIP facility in Pramerica Dynamic Fund through Pramerica Power SIP, with effect from February 24, 2012. Presently, investors have to invest lump sum amount in Pramerica Ultra Short Term Bond Fund and with the help of Pramerica Multiplier, a calculated amount would be invested in Pramerica Equity Fund. Now, Investors will get one more option of transferring SIP amount to Pramerica Dynamic Fund instead of Pramerica Equity Fund.

News Source – VALUE RESEARCH.

Latest Indian Mutual Fund News | 23-Feb-2012
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