NEW FUND OFFER

1.DSP BlackRock MF introduces DSP BlackRock FMP – Series 62 -12M

 

DSP BlackRock Mutual Fund has launched the New Fund Offer (NFO) of DSP BlackRock FMP – Series 62 -12M, a close ended income scheme.The NFO opens for subscription on July 30, 2012 and closes on August 1, 2012. No entry load or exit load will be applicable for the scheme; the units under the schemes cannot be directly redeemed with the Mutual Fund as the units will be listed on the stock exchanges.

News Source – INDIAN-COMMODITY

 

DIVIDEND

 

2.Declaration of dividend under UTI MF Fixed Term Income Fund – Series X – IV (369 days)

 

UTI Mutual Fund declared dividend on the face value of Rs 10 per unit under the dividend option of UTI Fixed Term Income Fund – Series X – IV (369 days). The record date for dividend is July 31, 2012. The quantum of dividend will be 100% of distributable surplus as on record date. The NAV under retail option of the scheme stood Rs 10.0725 per unit as on July 24, 2012.

News Source – INDIAN-COMMODITY

 

 

3.Peerless Income Plus Fund Announces Dividend

 

Peerless Mutual Fund has declared dividend under the Monthly Dividend Option of Peerless Income Plus Fund (an open ended debt scheme). The record date for dividend was 27 July 2012. The gross dividend was Rs. 0.0700 per unit for Monthly Dividend Option as on the record date. Dividend is being declared on the face value of Rs. 10/- per unit. The Ex-NAV of Peerless Income Plus Fund Monthly Dividend option as on 27 July 2012, is Rs. 10.2203, after considering the Dividend Payout and statutory levies, if any.

News Source – INDIAINFOLINE

 



 

4.Peerless Liquid Fund Announces Dividend

 

Peerless Mutual Fund has declared dividend under the Monthly Dividend Option for Retail & Super Institutional Plan of Peerless Liquid Fund (an open ended Liquid scheme). The record date for dividend was 27 July 2012. The gross dividend was Rs. 0.0598 per unit for Retail Plan and Rs.0.0728 per unit for Super Institutional Plan for the respective Monthly Dividend Option as on the record date.

News Source – INDIAINFOLINE

 

 

5.Peerless Ultra Short Term Fund Declares Dividend

 

Peerless Mutual Fund has declared dividend under the Monthly Dividend Option for Retail & Super Institutional Plan of Peerless Ultra Short Term Fund (an open ended debt scheme). The record date for dividend was 27 July 2012. The gross dividend was Rs. 0.0649 per unit for Retail Plan and Rs.0.0762 per unit for Super Institutional Plan for the respective Monthly Dividend Option, as on the record date

News Source – INDIAINFOLINE

 

GENERAL

 

6.Rajiv Gandhi Equity Scheme to be launched by August 15

 

The Finance Ministry is expected to launch Rajiv Gandhi Equity Savings Scheme (RGESS) by 15th August. Earlier, the Ministry said it would launch RGESS by the end of July. Officials from the Department of Economic Affairs (DEA) would meet market regulator SEBI (Securities and Exchange Board of India) next week to finalise the details of the scheme, a senior finance ministry official said on 28th July.

News Source – INDIAINFOLINE

Latest Indian Mutual Fund News | 31-July-2012
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