Monday, December 21, 2009

ICICI Pru Power Declares 10% 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 Power, an open ended growth fund. The record date for dividend has been fixed as 24 December 2009.

The quantum of dividend will be 10% (Re 1 per unit), subject to availability of distributable surplus as on the record date. The scheme recorded NAV of Rs 16.20 as on 17 December 2009.

ICICI Prudential Power has the investment objective to generate long term capital appreciation through investments in core sectors & associated feeder industries.