DIVIDEND

1.Mirae Asset MF declares dividend under 'Mirae Asset Short Term'.

Mirae Asset Mutual Fund has declared 0.1047 per cent dividend under weekly dividend payout option of scheme named as 'Mirae Asset Short Term Bond Fund', on the face value of Rs 10 per unit. The record date for the dividend was September 20. The NAV of scheme as on September 21, 2012 was at Rs 10.17. The investment objective of 'Mirae Asset Short Term Bond Fund', an open ended debt short term scheme, was to generate returns through an actively managed diversified portfolio of debt and money market instruments.

News Source – SHAREKHAN.

 

GENERAL

2.Reliance Capital Asset Management ties up with Ratnakar Bank for distribution of its Mutual Fund schemes.

Reliance Capital Asset Management (RCAM), part of Reliance Capital Limited, signed a Distribution agreement with Ratnakar Bank. The alliance focuses on distribution of Reliance Mutual Fund schemes through 115 branches, of Ratnakar Bank across India. This was announced today by Himanshu Vyapak, Deputy CEO, RCAM and Nitin Chopra, Head of Retail & Consumer Banking, Ratnakar Bank. As per the agreement, Ratnakar Bank will be distributing Reliance Mutual Fund schemes through its 115 branches spread across the country. Commenting on the tie-up, Nitin Chopra, Head – Retail & Consumer Banking, Ratnakar Bank said, 'We are happy to partner with Reliance Mutual Fund. Our business will grow in two dimensions, one through our presence in the larger urban markets and secondly through our semi-urban & rural branches where we see new business potential. Our partnership with Reliance Mutual Fund will help us on both fronts.'

News Source – NAVINDIA.

 

DIVIDEND

3.Declaration of dividend under UTI MF Bond Fund.

UTI Mutual Fund has declared dividend on the face value of Rs 10 per unit under UTI Bond Fund – Dividend Option. The record date for dividend is September 26, 2012. The quantum of dividend will be Rs 0.200 per unit on the face value of Rs 10 per unit.

News Source – INDIAN COMMODITY.



 

4.Declaration of dividend under UTI MF Treasury Advantage Fund.

UTI Mutual Fund has declared dividend on the face value of Rs 1000 per unit under UTI Treasury Advantage Fund – Quarterly Dividend Plan. The record date for dividend is September 26, 2012. The quantum of dividend will be Rs 20 per unit on the face value of Rs 1000 per unit.

News Source – INDIAN COMMODITY.

 

5.Declaration of dividend under UTI MF G-Sec Short Term Plan.

UTI Mutual Fund has declared dividend on the face value of Rs 10 per unit under UTI G-Sec Short Term Plan – Dividend Option. The record date for dividend is September 26, 2012. The quantum of dividend will be Rs 0.300 per unit on the face value of Rs 10 per unit.

News Source – INDIAN COMMODITY.

 

6.Declaration of dividend under UTI MF Short Term Income Fund Monthly Dividend.

UTI Mutual Fund has declared dividend on the face value of Rs 10 per unit under UTI Short Term Income Fund Monthly Dividend – Sub Option. The record date for dividend is September 26, 2012. The quantum of dividend will be Rs 0.200 per unit for regular option and Rs 0.200 per unit for institutional option on the face value of Rs 10 per unit.

News Source – INDIAN COMMODITY.

Latest Indian Mutual Fund News | 26-Sept-2012
Rate this post
https://www.investmentkit.com/articles/wp-content/uploads/2011/09/news.jpeghttps://www.investmentkit.com/articles/wp-content/uploads/2011/09/news.jpegAdminMutual Fundsdividend payout,indian mutual fund,Mirae Asset Mutual Fund,Mirae Asset Short Term,Mirae Asset Short Term Bond Fund,mutual fund,Nitin Chopra,Ratnakar Bank,reliance mutual fund,UTI Mutual FundDIVIDEND1.Mirae Asset MF declares dividend under 'Mirae Asset Short Term'.Mirae Asset Mutual Fund has declared 0.1047 per cent dividend under weekly dividend payout option of scheme named as 'Mirae Asset Short Term Bond Fund', on the face value of Rs 10 per unit. The record date for the dividend...Tutorials to Educate Investors