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Wednesday, May 20, 2009

ICICI Pru MF declares dividend for 14 months FMP

Record date for dividend is 25 May 2009

ICICI Prudential Mutual Fund has approved 25 May 2009 as the record date to distribute dividend under the dividend option of ICICI Prudential Fixed Maturity Plan- Series 43-14 Months Plan A, a close-ended debt fund.

The fund house has decided to offer 100% of distributable surplus as dividend as on the record date on the face value of Rs 10 per unit. The NAV of the scheme was at Rs 11.0385 per unit as on 13 May 2009. NAVs published only once a week i.e. every Wednesday.

The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme.

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