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1.Declaration of dividend under UTI MF Fixed Term Income Fund – Series X – V (369 Days).

 



UTI Mutual Fund declared dividend on the face value of Rs 10 per unit under the dividend option of Fixed Term Income Fund – Series X – V (369 Days). The record date for dividend is August 7, 2012. The quantum of dividend will be 100% of distributable surplus as on the record date.

News Source – INDIAN-COMMODITY.

 

 

2.DSP Blackrock MF declares dividend under 'DSP Blackrock Income Opportunities Fund – Institutional Plan'.

 

DSP Blackrock Mutual Fund has declared a dividend of 0.1163 per cent under weekly dividend payout option scheme named as 'DSP Blackrock Income Opportunities Fund – Institutional Plan', on the face value of Rs 10,000 per unit. The record date for the dividend was August 1, 2012. The NAV of scheme as on August 2, 2012 was at Rs 1,002.2762. The investment objective of 'DSP Blackrock Income Opportunities Fund – Institutional Plan', an open ended debt floater scheme, was to generate income commensurate with prudent risk from a portfolio substantially constituted of floating rate debt securities and fixed rate securities swapped for floating rate returns.

News Source – REDIFF MONEY.

 

 

3.DSP Blackrock MF announces dividend under 'DSP Blackrock Income Opportunities Fund'.

 

DSP Blackrock Mutual Fund has announced a dividend of 0.1036 per cent under monthly dividend payout option scheme named as 'DSP Blackrock Income Opportunities Fund', on the face value of Rs 10 per unit. The record date for the dividend was August 1, 2012. The NAV of scheme as on August 2, 2012 was at Rs 10.0485. The investment objective of 'DSP Blackrock Income Opportunities Fund', an open ended debt floater scheme, was to generate income commensurate with prudent risk from a portfolio substantially constituted of floating rate debt securities and fixed rate debt securities swapped for floating rate returns.

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News Source – REDIFF MONEY.

 

GENERAL

 

4.Govt. to decide this month on ETF for share sale.

 

The Finance Ministry is expected to take a final decision by this month-end on the exchange traded fund (ETF) for selling shares of state-owned firms as part of steps to meet the disinvestment target of Rs 30,000 crore this fiscal. 'ETF in-principle has been talked about. There has been firming up certain views on this. It is expected to be finalized during the month,' a top finance ministry official told PTI.

News Source – ECONOMIC TIMES.

Latest Indian Mutual Fund News | 06-Aug-2012
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