Latest Indian Mutual Fund News | 21-Feb-2014

1.Baroda Pioneer MF introduces Fixed Maturity Plan- Series L

Baroda Pioneer Mutual Fund has launched the New Fund Offer (NFO) of Baroda Pioneer Fixed Maturity Plan- Series L, a close ended income scheme. The NFO opens for subscription on Feb 20, 2014 and closes on Feb 24, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund managers are Alok Sahoo and Hetal Shah. The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.

News Source – INDIAN COMMODITY.

DIVIDEND

2.Edelweiss Select Midcap declares dividend at Rs 0.5 per unit

Edelweiss Mutual Fund has announced dividend under the dividend option of Edelweiss Select Midcap. The quantum of dividend shall be Rs 0.5 per unit. The record date has been fixed as February 25, 2014.

News Source – VALUE RESEARCH ONLINE.



3.Tata Fixed Income Portfolio Scheme B2 declares dividend

Tata Mutual Fund has announced dividend under the dividend option of the Tata Fixed Income Portfolio Scheme B2 Plan A-DQ and Tata Fixed Income Portfolio Scheme B2 Reg-DQ. The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as February 25, 2014.

News Source – VALUE RESEARCH ONLINE.

4.Reliance Close Ended Equity Fund- Series A & B introduces Dividend Transfer Facility

Reliance Mutual Fund announced the introduction of Dividend transfer facility under Reliance Close Ended Equity Fund- Series A & B, the unit holders can transfer their dividend to any other scheme of Reliance MF. The change will be effective from February 24, 2014.

News Source – VALUE RESEARCH ONLINE.






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