Monday, December 21, 2009

ICICI Pru Balanced Fund Declares 6% Dividend

Record date for dividend is 24 December 2009 

ICICI Prudential Mutual Fund has announced dividend on the face value of Rs 10 per unit under dividend option of ICICI Prudential Balanced Fund. The record date for dividend has been fixed as 24 December 2009.

The quantum of dividend will be 6% (Rs 0.60 per unit), subject to availability of distributable surplus as on the record date. The scheme recorded NAV of Rs 15.07 as on 17 December 2009.

ICICI Prudential Balanced Fund is an open ended balanced fund with the investment objective to generate long term capital appreciation and current income by creating a portfolio invested in equity and equity-related securities as well as in fixed income and money market securities.