Latest Indian Mutual Fund News | 02-Aug-2013

NEW FUND OFFER

1.UTI Mutual Fund : Launch of New Fund

UTI Mutual Fund announced the NFO of UTI Fixed Term Income Series XV-X (368 days). The scheme is available for subscription from August 1, 2013 to August 7, 2013.

News Source – VALUE RESEARCH ONLINE.

DIVIDEND

2.JM Financial Mutual Fund: Dividend Declaration

JM Financial Mutual Fund declared Bonus under the Bonus option of JM Money Manager Super Plus-Bonus and JM Money Manager Super Plus Direct-Bonus. Both schemes will alot 66 bonus units for every 100 units held.
The record date has been fixed as August 05, 2013.



News Source – VALUE RESEARCH ONLINE.

GENERAL

3.Tata Mutual Fund announces change in exit load under two schemes

Tata Mutual Fund has announced change in exit load under Tata Floating Rate Fund Long Term Plan & Tata Liquidity Management Fund (all plans & options) with effect from 02 August 2013. Accordingly, the revised exit load will be:
Tata Floating Rate Fund Long Term Plan: 0.25% if redeemed on or before expiry of 30 days from the date of allotment.
Tata Liquidity Management Fund: Nil
These changes shall be applicable to lump sum subscriptions & subscriptions under SIP/STP submitted on or after 02 August 2013.

News Source – NAV INDIA.

Latest Indian Mutual Fund News | 02-Aug-2013
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