DIVIDEND

1.Religare Fixed Maturity Plan – Series VI – Plan A (13 Months) announces dividend.

Religare Mutual Fund has announced 9 April 2012 as the record date for declaration of dividend under the dividend option of Religare Fixed Maturity Plan – Series VI – Plan A (13 Months), a close – ended debt scheme. The quantum of dividend will be entire distributable surplus as on the record date on the face value of Rs. 10 per unit. 

9 April 2012 has been fixed as the record date for the purpose of determining eligible unit holders holding units of the scheme who would be entitled to the maturity / redemption proceeds on the maturity / final redemption date of the scheme. The maturity / final redemption date of the scheme is 9 April 2012.

News Source - INDIA INFOLINE.

NEW FUND LAUNCH

2.Reliance Fixed Horizon Fund – XXII – Series 2.

Reliance Mutual Fund launched Reliance Fixed Horizon Fund – XXII – Series 2, a close ended income scheme. The new issue is open for subscription from 4th April and closes on 10th April 2012.

News Source - AMFI.

NEW FUND OFFER

3.Tata Fixed Maturity Plan Series 41 (Scheme A to J) files offer document with SEBI.

Tata Mutual Fund has filed offer document with Sebi to launch Tata Fixed Maturity Plan Series 41 (Scheme A to J) (maturity ranging between 01 month to 60 months from the date of allotment of units under each scheme), a close-ended debt fund. The New Fund Offer price is Rs 10 per unit. 

News Source - NAV INDIA.



DIVIDEND

4.Tata Mutual Fund announces dividend under two schemes.

Tata Mutual Fund has announced 9 April 2012 as the record date for declaration of dividend under the periodic dividend options of Tata Fixed Maturity Plan Series 30 Scheme C and Tata Fixed Maturity Plan Series 38 Scheme G. The quantum of dividend on the face value of Rs. 10 per unit will be entire distributable surplus.

News Source - INDIA INFOLINE.
5.UTI Fixed Income Interval Fund Series – II Quarterly Interval Plan VII announces dividend.

UTI Mutual Fund has announced 9 April 2012 as the record date for declaration of dividend under the dividend option of UTI Fixed Income Interval Fund Series – II Quarterly Interval Plan VII. 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.
6.Reliance Interval Fund – Quarterly Interval Fund Series I announces dividend.

Reliance Mutual Fund has announced 9 April 2012 as the record date for declaration of dividend under the dividend options of retail and institutional plan of Reliance Interval Fund – Quarterly Interval Fund Series I. 

News Source - INDIA INFOLINE.

GENERAL

7.Principal Pnb Fixed Maturity Plan- Series A4 collects close to Rs 190 crores.

Principal Pnb Fixed Maturity Plan – Series A4, a close ended debt scheme and having maturity of 367 days has garnered close to Rs 190 crores. The NFO opened on 22 March 2012 and closed on 29 March 2012. 

Fixed maturity plans make investment sense due to the prevailing attractive yields and double indexation benefit available to investors. Mr Rajat Jain, CIO, Principal Mutual Fund said, “As a fund house we strive to create valuable options for all types of investors. We are very pleased with the collections of the Principal Pnb Fixed Maturity Plan- Series A4and the investor confidence that it has attracted. We are hopeful that investors find value in this scheme.”

News Source - NAV INDIA.

Latest Indian Mutual Fund News | 05-Apr-2012
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