Latest Indian Mutual Fund News | 23-Mar-2013

NEW FUND OFFER

1.Baroda Pioneer Fixed Maturity Plan – Series C Floats On. NFO period is from 22 March to 25 March 2013

Baroda Pioneer Mutual Fund has launched a new fund named as Baroda Pioneer Fixed Maturity Plan – Series C, a close ended debt scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 22 March and closes on 25 March 2013.
The investment objective of the scheme is to generate regular returns by investing in a portfolio comprising of Debt Instruments and Money Market Instruments maturing on or before the maturity of the scheme.

News Source – NAV INDIA.

2.DWS Fixed Maturity Plan-Series 30 extents NFO period. NFO will now close on 28 March 2013

Deutsche Mutual Fund has announced that the closing date of the New Fund Offer (NFO) of DWS Fixed Maturity Plan-Series 30, 374 days close ended debt fund, has been extended from 22 March 2013 to 28 March 2013.

News Source – NAV INDIA.

DIVIDEND

3.UTI Mutual Fund announces dividend under various schemes

UTI Mutual Fund has announced 26 March 2013 as the record date for declaration of dividend under the following schemes. The gross dividend – 100% of distributable surplus as on record date for below mentioned schemes / plans. Distribution of dividend is subject to the availability of distributable surplus as on record date.
The schemes are:
UTI Fixed Income Interval Fund Quarterly Interval Plan III (Dividend Sub Option), UTI Fixed Income Interval Fund – Series II – Quarterly Interval Plan IV (Dividend Sub Option), UTI Fixed Income Interval Fund – Series II -Quarterly Interval Plan V (Dividend Sub Option) and UTI Fixed Income Interval Fund – Series II – Quarterly Interval Plan VI (Dividend Sub Option) – Existing Plan – Retail Option, Direct Plan – Retail Option and Existing Plan – Institutional Option.
UTI Fixed Income Interval Fund – Series II -Quarterly Interval Plan VII (Dividend Sub Option) – Existing Plan – Retail Option and Direct Plan – Retail Option



News Source – INDIA INFOLINE.

4.Canara Robeco Fixed Maturity Plan-Series 7 (Plan A) announces dividend

Canara Robeco Mutual Fund has announced 27 March 2013 as the record date for declaration of dividend under the dividend option of Canara Robeco Fixed Maturity Plan-Series 7 (Plan A). The dividend (Rs per unit) will be 100% of distributable surplus as on record date on the face value of Rs 10 per unit.
The maturity date of the said scheme falls on 27 March 2013 and all unit holders will be eligible to receive the redemption value according to their units holding based on the NAV drawn for the purpose on the redemption date.

News Source – INDIA INFOLINE.

5.Morgan Stanley Mutual Fund announces dividend under two schemes. Record date for dividend is 28 March 2013

Morgan Stanley Mutual Fund has announced 28 March 2013 as the record date for declaration of dividend under the below mentioned options of Morgan Stanley Multi Asset Fund and Morgan Stanley Active Bond Fund, open ended debt schemes. The amount of dividend (Rs per unit) will be: Morgan Stanley Multi Asset Fund-Plan A-Regular Quarterly Dividend Option: 0.225, Morgan Stanley Multi Asset Fund-Plan A-Direct Quarterly Dividend Option: 0.19, Morgan Stanley Multi Asset Fund-Plan B-Regular Quarterly Dividend Option: 0.19,Morgan Stanley Multi Asset Fund-Plan B-Direct Quarterly Dividend Option: 0.05,Morgan Stanley Active Bond Fund-Regular Quarterly Dividend Option: 0.25,Morgan Stanley Active Bond Fund-Direct Quarterly Dividend Option: 0.25

News Source – NAV INDIA.

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