DIVIDEND

1.Canara Robeco MF declares dividend under monthly payout option.

Canara Robeco Mutual Fund has declared 0.1279 per cent dividend under monthly dividend payout option of scheme named as 'Canara Robeco Liquid – Retail Plan', on the face value of Rs 1000 per unit. The record date for the dividend is October 30. The NAV of scheme as on October 25, 2012 was Rs 1005.7016. The investment objective of 'Canara Robeco Liquid – Retail Plan', an open ended liquid fund scheme, was to generate income / capital appreciation through a low risk strategy by investment in Debt securities and Money Market Instruments.

News Source – REDIFF MONEY.

 

2.Edelweiss MF declares dividend under 'Edelweiss Absolute Return Fund'.

Edelweiss Mutual Fund has declared 1.8000 per cent dividend under dividend payout option of scheme named as 'Edelweiss Absolute Return Fund', on the face value of Rs 10 per unit. The record date for the dividend is October 29. The NAV of scheme as on October 25, 2012 was Rs 11.11. The investment objective of 'Edelweiss Absolute Return Fund', an open ended equity-diversified scheme, was to generate absolute returns with low volatility over a longer tenure of time. The scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivatives strategies on the other.

News Source – REDIFF MONEY.

 

3.Edelweiss MF announces dividend under 'Edelweiss Diversified Growth Equity Top 100 (E.D.G.E.) Fund – Plan A'.

Edelweiss Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as 'Edelweiss Diversified Growth Equity Top 100 (E.D.G.E.) Fund – Plan A', on the face value of Rs 10 per unit. The record date for the dividend is October 29. The NAV of scheme as on October 25, 2012 was Rs 13.22. The investment objective of 'Edelweiss Diversified Growth Equity Top 100 (E.D.G.E.) Fund – Plan A', an open ended equity-diversified scheme, was to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalization, listed in India.

News Source – REDIFF MONEY.

 

4.Peerless Flexible Income Fund declares dividend under its monthly Dividend Options.

Peerless Mutual Fund has declared its maiden dividend under the Monthly Dividend Option for Peerless Flexible Income Fund (an open ended debt scheme). The record date for dividend was October 25, 2012. The gross dividend was Rs. 0.1500 per unit under Monthly Dividend Option net of which remains tax free in the hands of the investor, as on the record date. Dividend is being declared on the face value of Rs.10/- per unit. The Ex- Dividend NAV of Peerless Flexible Income Fund – Monthly Dividend option as on October 25, 2012, is Rs.10.0387 after considering the Dividend Payout and statutory levies, if any.

News Source – INDIAINFOLINE.

 

5.Peerless Income Plus Fund declares dividend under its Monthly Dividend Option.



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 October 25, 2012. The gross dividend was Rs. 0.0700 per unit for Monthly Dividend Option as on the record date, net of which will be tax free in the hands of investors. Dividend is being declared on the face value of Rs.10/- per unit. The Ex-Dividend NAV of Peerless Income Plus Fund – Monthly Dividend option as on October 25, 2012, is Rs. 10.3889, after considering the Dividend Payout and statutory levies, if any.

News Source – INDIAINFOLINE.

 

6.Peerless Liquid Fund declares dividend under its monthly Dividend Options.

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 October 25, 2012. The gross dividend was Rs. 0.0471 per unit for Retail Plan and Rs.0.0639 per unit for Super Institutional Plan for the respective Monthly Dividend Option net of which will be tax free in the hands of investors, as on the record date. Dividend is being declared on the face value of Rs.10/- per unit. The Ex- Dividend NAV of Peerless Liquid Fund – Monthly Dividend option as on October 25, 2012, is Rs.10.0010 under Retail Plan & Rs.10.0011 under Super Institutional Plan, after considering the Dividend Payout and statutory levies, if any.

News Source – INDIAINFOLINE.

 

7.Peerless Ultra Short Term Fund declares dividend under its monthly Dividend Options.

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 October 25, 2012. The gross dividend was Rs. 0.0574 per unit for Retail Plan and Rs.0.0702 per unit for Super Institutional Plan for the respective Monthly Dividend Option net of which will be tax free in the hands of investors, as on the record date. Dividend is being declared on the face value of Rs.10/- per unit. The Ex- Dividend NAV of Peerless Ultra Short Term Fund – Monthly Dividend option as on October 25, 2012, is Rs.10.0461 under Retail Plan & Rs.10.0601 under Super Institutional Plan, after considering the Dividend Payout and statutory levies, if any.

News Source – INDIAINFOLINE.

 

GENERAL

8.Deutsche Mutual Fund announces change in exit load of various open ended debt schemes.

Deutsche Mutual Fund has announced changes in exit load of various open ended debt schemes with effect from 29 October 2012. The proposed structure is: DWS Cash Opportunities Fund: 0.25% if the investment is redeemed/switched out within 15 days of allotment.

News Source – INDIAINFOLINE.

Latest Indian Mutual Fund News | 27-Oct-2012
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