Latest Indian Mutual Fund News | 14-Mar-2013

SEBI / AMFI

1.Peerless Rajiv Gandhi Equity Savings Scheme files offer document with Sebi

 Peerless Mutual Fund has filed offer document with Sebi to launch Peerless Rajiv Gandhi Equity Savings Scheme, a close-ended equity scheme which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme, 2012. The New Fund Offer price is Rs 10 per unit.

Investment objective: The primary investment objective of the scheme is to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS), as amended from time to time. The scheme may also invest a certain portion of its corpus in cash and cash equivalent and money market instruments from time to time.

News Source – INDIA INFOLINE.

NEW FUND OFFER

2.Pramerica Fixed Duration Fund – Series 5 Floats On. NFO period is from 13 March to 14 March 2013

 Pramerica Mutual Fund has launched a new fund named as Pramerica Fixed Duration Fund – Series 5, a close ended income scheme having a tenor of 385 Days. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue which is open for subscription from 13 March closes on 14 March 2013.

The objective of the scheme is to provide reasonable returns, commensurate with moderate level of risk, through a portfolio constituted of money market and debt instruments which mature on or before the date of the maturity of each series of the scheme.
The Plan has two Options, viz., Growth Option and Dividend Option. Dividend Option has the following two facilities, Dividend Payout facility and Dividend Transfer facility.

News Source – NAV INDIA.



DIVIDEND

3.UTI Fixed Term Income Sr XI-III (368D): Dividend Declaration

 UTI Mutual Fund has announced dividend under the dividend option of UTI Fixed Term Income Sr XI-III (368D). The quantum of dividend shall be the entire distributable surplus as on record date.

The record date has been fixed as March 18, 2013.

News Source – VALUE RESEARCH ONLINE.

GENERAL

4.DWS Treasury Fund-Cash Plan announces bonus. Record date for declaration of bonus is 18 March 2013

 Deutsche Mutual Fund has announced 18 March 2013 as the record date for declaration of bonus under the bonus sub option of Regular option of DWS Treasury Fund-Cash Plan, an open ended liquid plan. The bonus will be in the ratio of 17.352 for every 100 units held, on the face value of Rs 100 per unit.

News Source – NAV INDIA.

Rate this post






+Admin


Leave a Reply

Your email address will not be published. Required fields are marked *