MASTER MIND FINNASSET: September 2016

Saturday, September 24, 2016

HDFC Fixed Maturity Plan 1302D September 2016 (1) Floats On

NFO is open for subscription only on 26 September 2016

HDFC Mutual Fund has launched a new plan named as HDFC Fixed Maturity Plan 1302D September 2016 (1), a plan under HDFC Fixed Maturity Plans – Series 37 (a close-ended income scheme). The tenure of the scheme is 1302 days from the date of allotment of units.

The face value of the new issue will be Rs 10 per unit. The new issue will be open for subscription only on 26 September 2016.

The investment objective of the plan is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the plan.

The plan shall offer three options – growth, dividend and flexi option. The plan would invest 80%-100% of assets in debt instruments & government securities with medium risk profile and invest upto 20% of assets in money market instruments with low risk profile.

The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be not applicable for the plan.

Benchmark Index for the plan is CRISIL Composite Bond Fund Index.

The fund managers of the scheme are Anil Bamboli & Rakesh Vyas (Dedicated fund manager for overseas investments).

Kotak Equity Arbitrage Fund Announces Dividend

Record date for dividend is 26 September 2016

Kotak Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend under the Bimonthly dividend option of Kotak Equity Arbitrage Fund, an open ended equity growth scheme.

The amount of dividend on the face value of Rs 10 per unit will be:

Regular Plan: Rs 0.2159 per unit.
Direct Plan: Rs 0.2360 per unit.

Kotak Balanced Fund Announces Dividend

Record date for dividend is 26 September 2016

Kotak Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend under the dividend option of Kotak Balance Fund, an open ended balanced scheme.

The amount of dividend on the face value of Rs 10 per unit will be:

Regular Plan-Dividend Option: Rs 0.08 per unit.
Direct Plan - Dividend Option: Re 0.08 per unit.

UTI MF Announces Dividend under its schemes

Record date for dividend is 26 September 2016

UTI Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend under the following schemes.

The quantum of dividend on the face value of Rs 10 per unit (except for UTI Treasury Advantage Fund & UTI Floating Rate Fund – Short Term Plan, which has a face value of Rs 1000 per unit) will be:

UTI Treasury Advantage Fund-Quarterly Dividend Option – Institutional Plan – (Existing Plan) & Quarterly Dividend Plan: Rs 15.00 per unit or 1.50% each.

UTI Treasury Advantage Fund- Half Yearly Dividend Option – Institutional Plan – (Existing Plan): Rs 30.00 per unit or 3.00%

UTI Banking & PSU Debt Fund – Regular Plan – Quarterly Dividend Option & Direct Plan – Quarterly Dividend Option: Rs 0.150 per unit or 1.50% each.

UTI Banking & PSU Debt Fund – Regular Plan – Half Yearly Dividend Option: Rs 0.250 per unit or 2.50%

UTI Short Term Income Fund – Institutional Option – Quarterly Dividend Sub-Option- (Existing Plan) & Regular Option – Dividend Sub-Option: Rs 0.150 per unit or 1.50% each.

UTI Short Term Income Fund – Institutional Option – Half Yearly Dividend Sub-Option- (Existing Plan): Rs 0.300 per unit or 3.00%

UTI – Dynamic Bond Fund - Quarterly Dividend Option – Existing Plan: Rs 0.150 per unit or 1.50%

UTI – Dynamic Bond Fund - Half Yearly Dividend Option – Existing Plan & Direct Plan: Rs 0.300 per unit or 3.00% each.

UTI Bond Fund - Quarterly Dividend Option (Existing Plan): Rs 0.150 per unit or 1.50%
UTI Bond Fund - Half Yearly Dividend Option – Existing Plan & Direct Plan: Rs 0.300 per unit or 3.00% each.

UTI Income Opportunities Fund – Quarterly Dividend Option – Existing Plan & Direct Plan: Rs 0.150 per unit or 1.50% each.

UTI Income Opportunities Fund - Half Yearly Dividend Option – Existing Plan: Rs 0.300 per unit or 3.00%

UTI Floating Rate Fund – (Short Term Plan) – Quarterly Dividend Option – Regular Plan: Rs 15.00 per unit or 1.50%

UTI Floating Rate Fund – (Short Term Plan) – Half Yearly Dividend Option – Regular Plan: Rs 30.00 per unit or 3.00%

UTI Gilt Advantage Fund (Long Term Plan) - Dividend Plan – Direct Plan: Rs 0.125 per unit or 1.25%

UTI Medium Term Fund - Quarterly Dividend Option – Regular Plan & Direct Plan: Rs 0.150 per unit or 1.50% each.

UTI Medium Term Fund - Half Yearly Dividend Option – Regular Plan & Direct Plan: Rs 0.300 per unit or 3.00% each.

Reliance MF Announces dividend under its schemes

Record date for dividend is 26 September 2016

Reliance Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend under the following schemes. The amount of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

Reliance Equity Savings Fund – Monthly Dividend Option & Direct Plan –Monthly Dividend Option: 0.1000 each.

Reliance Arbitrage Advantage Fund – Dividend Plan – Monthly Dividend Option & Direct Plan-Dividend Plan- Monthly Dividend Option: 0.0500 each.

Reliance Arbitrage Advantage Fund - Dividend Plan – Dividend Option & Direct Plan-Dividend Plan- Dividend Option: 0.1500 each.

IDBI MF Announces dividend under two schemes

Record date for dividend is 26 September 2016

IDBI Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option of direct plan & regular plan of IDBI Equity Advantage Fund and IDBI Diversified Equity Fund.

The amount of dividend will be Rs 1.00 per unit under each plan.

HDFC MF Announces Dividend under its schemes

Record date for dividend is 26 September 2016

HDFC Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend under the following schemes.

The amount of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

HDFC Balanced Fund – Dividend Option (Payout & Reinvestment) & Direct Plan - Dividend Option (Payout & Reinvestment): 0.50 each.

HDFC Prudence Fund – Regular Plan - Dividend Option (Payout & Reinvestment) & Direct Plan – Dividend Option (Payout & Reinvestment): 0.30 each.

HDFC Income Fund-Regular Plan-Quarterly Dividend Option (Payout & Reinvestment):
Individuals & HUF: 0.3500
Others: 0.3243

HDFC Income Fund-Direct Plan-Quarterly Dividend option (Payout & Reinvestment):
Individuals & HUF: 0.4000
Others: 0.3706

HDFC High Interest Fund – Dynamic Plan – Regular Plan – Quarterly Dividend Option & Direct Plan-Quarterly Dividend Option:
Individuals & HUF: 0.4000 each.
Others: 0.3706 each.

HDFC High Interest Fund – Dynamic Plan – Regular Plan – Half Yearly Dividend Option & Direct Plan-Half Yearly Dividend Option:
Individuals & HUF: 0.5500 each.
Others: 0.5096 each.

HDFC Gilt Fund – Short Term Plan – Dividend Option (Payout & Reinvestment) & Direct Plan-Dividend Option (Payout & Reinvestment):
Individuals & HUF: 0.3000 each.
Others: 0.2779 each.

HDFC Gilt Fund – Long Term Plan – Dividend Option (Payout & Reinvestment) & Direct Plan-Dividend Option (Payout & Reinvestment):
Individuals & HUF: 0.4000 each.
Others: 0.3706 each.

HDFC MF Monthly Income Plan-Short Term Plan-Quarterly Dividend Option (Payout & Reinvestment)& Direct Plan-Quarterly Dividend Option (Payout & Reinvestment):
Individuals & HUF: 0.2100 each.
Others: 0.1946 each.

HDFC MF Monthly Income Plan-Long Term Plan-Quarterly Dividend Option (Payout & Reinvestment) & Direct Plan-Quarterly Dividend Option (Payout & Reinvestment):
Individuals & HUF: 0.2400 each.
Others: 0.2224 each.

HDFC Medium Term Opportunities Fund – Quarterly Dividend Option (Payout & Reinvestment) & Direct Plan-Quarterly Dividend Option (Payout & Reinvestment): Distributable surplus, as reduced by applicable statutory levy.

HDFC Corporate Debt Opportunities Fund – Half Yearly Dividend Option (Payout & Reinvestment) & Direct Plan-Half Yearly Dividend Option (Payout & Reinvestment): Distributable surplus, as reduced by applicable statutory levy.

HDFC Arbitrage Fund – Wholesale Plan – Normal Dividend Option (Payout & Reinvestment) & Wholesale Plan-Direct Plan- Normal Dividend Option (Payout & Reinvestment): 0.040 each.

HDFC Annual Interval Fund – Series I – Plan B – Direct Plan– Quarterly Dividend Option: Distributable surplus, as reduced by applicable statutory levy.

HDFC Debt Fund for Cancer Cure 2014 – Regular Plan – Dividend Option – 50% Dividend Donation@ Option and 100% Dividend Donation @ Option (Payout) & Direct Plan - Dividend Option – 50% Dividend Donation@ Option and 100% Dividend Donation @ Option (Payout): Distributable surplus, as reduced by applicable statutory levy.

Birla Sun Life MF Announces Dividend under Fixed Term Plan Series

Record date for dividend is 26 September 2016

Birla Sun Life Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under the following schemes.

The amount of dividend (Rs per unit) will be:

Birla Sun Life Fixed Term Plan – Series IL (1097 days)-Regular Plan – Quarterly Dividend Option: 0.1850
Birla Sun Life Fixed Term Plan – Series IU (1099 days)-Regular Plan – Quarterly Dividend Option: 0.1408
Birla Sun Life Fixed Term Plan – Series IY (1598 days)-Regular Plan – Quarterly Dividend Option: 0.1577
Birla Sun Life Fixed Term Plan – Series IX (1092 days)-Regular Plan – Quarterly Dividend Option: 0.2055
Birla Sun Life Fixed Term Plan – Series JJ (1092 days)-Regular Plan – Quarterly Dividend Option: 0.2005
Birla Sun Life Fixed Term Plan – Series JK (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1364
Birla Sun Life Fixed Term Plan – Series JK (1099 days)-Direct Plan-Quarterly Dividend Option: 0.1375
Birla Sun Life Fixed Term Plan – Series JQ (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1682
Birla Sun Life Fixed Term Plan – Series JR (1162 days)-Direct Plan-Quarterly Dividend Option: 0.1437
Birla Sun Life Fixed Term Plan – Series JY (1099 days)-Direct Plan-Quarterly Dividend Option: 0.1670
Birla Sun Life Fixed Term Plan – Series KH (1505 days)-Regular Plan-Quarterly Dividend Option: 0.1600
Birla Sun Life Fixed Term Plan – Series KI (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1589
Birla Sun Life Fixed Term Plan – Series KK (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1604
Birla Sun Life Fixed Term Plan – Series KO (1498 days)-Direct Plan-Quarterly Dividend Option: 0.1608
Birla Sun Life Fixed Term Plan – Series KT (1119 days)-Regular Plan-Quarterly Dividend Option: 0.1581
Birla Sun Life Fixed Term Plan – Series KW (1477 days)-Regular Plan-Quarterly Dividend Option: 0.1712
Birla Sun Life Fixed Term Plan – Series KZ (1103 days)-Regular Plan-Quarterly Dividend Option: 0.1575
Birla Sun Life Fixed Term Plan – Series LJ (1150 days)-Direct Plan-Quarterly Dividend Option: 0.1537
Birla Sun Life Fixed Term Plan – Series LL (1104 days)-Regular Plan-Quarterly Dividend Option: 0.0437
Birla Sun Life Fixed Term Plan – Series LO (1142 days)-Regular Plan-Quarterly Dividend Option: 0.1404
Birla Sun Life Fixed Term Plan – Series LU (1104 days)-Regular Plan-Quarterly Dividend Option: 0.1907
Birla Sun Life Fixed Term Plan – Series LU (1104 days)-Direct Plan-Quarterly Dividend Option: 0.1963
Birla Sun Life Fixed Term Plan – Series LV (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1931
Birla Sun Life Fixed Term Plan – Series LV (1099 days)-Direct Plan-Quarterly Dividend Option: 0.1952
Birla Sun Life Fixed Term Plan – Series LX (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1913
Birla Sun Life Fixed Term Plan – Series MA (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1891
Birla Sun Life Fixed Term Plan – Series MA (1099 days)-Direct Plan-Quarterly Dividend Option: 0.1912
Birla Sun Life Fixed Term Plan – Series MD (1099 days)-Regular Plan-Quarterly Dividend Option: 0.1760
Birla Sun Life Fixed Term Plan – Series MK (1105 days)-Regular Plan-Quarterly Dividend Option: 0.1731
Birla Sun Life Fixed Term Plan – Series MK (1105 days)-Direct Plan-Quarterly Dividend Option: 0.1748
Birla Sun Life Fixed Term Plan – Series MP (1141 days)-Regular Plan-Quarterly Dividend Option: 0.1434
Birla Sun Life Fixed Term Plan – Series MR (1153 days)-Regular Plan-Quarterly Dividend Option: 0.1428
Birla Sun Life Fixed Term Plan – Series MQ (1159 days)-Regular Plan-Quarterly Dividend Option: 0.1445
Birla Sun Life Fixed Term Plan – Series MQ (1159 days)-Direct Plan-Quarterly Dividend Option: 0.1464
Birla Sun Life Fixed Term Plan – Series MU (1117 days)-Regular Plan-Quarterly Dividend Option: 0.1216
Birla Sun Life Fixed Term Plan – Series MU (1117 days)- Direct Plan-Quarterly Dividend Option: 0.1390
Birla Sun Life Fixed Term Plan – Series MX (1128 days)-Regular Plan-Quarterly Dividend Option: 0.1290
Birla Sun Life Fixed Term Plan – Series MY (1107 days)-Regular Plan-Quarterly Dividend Option: 0.1191
Birla Sun Life Fixed Term Plan – Series MY (1107 days)- Direct Plan-Quarterly Dividend Option: 0.1206
Birla Sun Life Fixed Term Plan – Series ND (1109 days)-Regular Plan-Quarterly Dividend Option: 0.0975
Birla Sun Life Fixed Term Plan – Series ND (1109 days)- Direct Plan-Quarterly Dividend Option: 0.1011
Birla Sun Life Fixed Term Plan – Series NE (1100 days)-Regular Plan-Quarterly Dividend Option: 0.0971
Birla Sun Life Fixed Term Plan – Series NG (1169 days)- Direct Plan-Quarterly Dividend Option: 0.0946
Birla Sun Life Fixed Term Plan – Series NH (1168 days)-Regular Plan-Quarterly Dividend Option: 0.0901
Birla Sun Life Fixed Term Plan – Series NH (1168 days)-Direct Plan-Quarterly Dividend Option: 0.0933
Birla Sun Life Fixed Term Plan – Series NL (1148 days)-Regular Plan-Quarterly Dividend Option: 0.0745
Birla Sun Life Fixed Term Plan – Series NL (1148 days)-Direct Plan-Quarterly Dividend Option: 0.0771
Birla Sun Life Fixed Term Plan – Series NP (1163 days)-Regular Plan-Quarterly Dividend Option: 0.0741

Birla Sun Life Enhanced Arbitrage Fund Announces Dividend

Record date for dividend is 26 September 2016

Birla Sun Life Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under regular plan-dividend option and direct plan-dividend option of Birla Sun Life Enhanced Arbitrage Fund.

The quantum of dividend will be Re 0.049 per unit under each plan as on the record date.

Birla Sun Life Dividend Yield Plus Announces Dividend

Record date for dividend is 26 September 2016

Birla Sun Life Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under regular plan-dividend option of Birla Sun Life Dividend Yield Plus.

The quantum of dividend will be Re 0.25 per unit as on the record date.

Birla Sun Life Special Situations Fund Announces Dividend

Record date for dividend is 26 September 2016

Birla Sun Life Mutual Fund has announced 26 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under regular plan-dividend option of Birla Sun Life Special Situations Fund.

The quantum of dividend will be Rs 1.37 per unit as on the record date.

SBI Arbitrage Opportunities Fund Announces Dividend

Record date for dividend is 27 September 2016

SBI Mutual Fund has announced 27 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option in regular plan & direct plan of SBI Arbitrage Opportunities Fund.

The quantum of dividend will be Rs 0.05 per unit under each plan.

UTI Capital Protection Oriented Scheme – Series VIII – III (1281 Days) Floats On

NFO period is from 22 September to 06 October 2016

UTI Mutual Fund has launched a new fund named as UTI Capital Protection Oriented Scheme – Series VIII – III (1281 Days), a close ended capital protection oriented income scheme. The duration of the scheme is 1281 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 22 September to 06 October 2016.

The investment objective of the scheme is to endeavor to protect the capital by investing in high quality fixed income securities as the primary objective and generate capital appreciation by investing in equity and equity related instruments as secondary objective.

The scheme offers growth and dividend (payout) options under both regular sub plan and direct sub plan.

The scheme shall invest 70-100% of assets in debt & money market instruments with low to medium risk profile and up to 30% in equity & equity related instruments with medium to high risk profile.

Minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be not applicable for the scheme.

Benchmark Index for the scheme is CRISIL MIP Blended Index.

The fund managers of the scheme are Sunil Patil and Srivatsa.

UTI Fixed Term Income Fund – Series XXV – VII (1097 Days) Floats On

NFO period is from 22 September to 05 October 2016

UTI Mutual Fund has launched a new fund named as UTI Fixed Term Income Fund – Series XXV – VII (1097 Days), a close ended income scheme. The duration of the scheme is 1097 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 22 September to 05 October 2016.

The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme.

The scheme offers growth option, quarterly dividend option with payout and reinvestment facility, flexi dividend option with payout and reinvestment facility, annual dividend option with payout and reinvestment facility and maturity dividend option with payout facility.

The scheme would allocate 80%-100% of assets in debt instruments with low to medium risk profile and invest upto 20% of assets would be allocated to money market instruments with low risk profile.

The minimum application amount is Rs 5000 and in multiples of Rs 10 under all the options.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.

Sunil Patil is the fund manager for the scheme.

HDFC FMP 370D August 2013 (4) Announces Rollover

The scheme shall mature on 05 October 2017

HDFC Mutual Fund has announced rollover under HDFC FMP 370D August 2013 (4).

The features of the proposed rollover are as follows:

Existing Maturity Date: 05 October 2016
Date of rollover: 06 October 2016
Period of rollover: 365 days
Extended maturity date: 05 October 2017

ICICI Prudential Fixed Maturity Plan – Series 70 – 367 Days Plan C Announces Rollover

The scheme shall mature on 17 October 2017

ICICI Prudential Mutual Fund has announced rollover under ICICI Prudential Fixed Maturity Plan – Series 70 – 367 Days Plan C.

The features of the proposed rollover are as follows:

Existing Maturity Date: 28 September 2016

Date of rollover: 29 September 2016

Period of rollover: 384 days

Extended maturity date: 17 October 2017

Asset Allocation:
The scheme will invest 60%-100% of assets in money market instruments and invest upto 40% of assets in debt instruments including government securities with low to medium risk profile.

Reliance Fixed Horizon Fund – XXIV Series 20 Announces Dividend

Record date for dividend is 28 September 2016

Reliance Mutual Fund has announced 28 September 2016 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend payout option & direct plan-dividend payout option of Reliance Fixed Horizon Fund – XXIV – Series 20.

The amount of dividend will be entire distributable surplus available in the scheme as on the record date.

Reliance Fixed Horizon Fund – XXIV Series 20 Announces Rollover

The scheme shall mature on 01 November 2016

Reliance Mutual Fund has announced rollover under Reliance Fixed Horizon Fund – XXIV – Series 20, which is scheduled to mature on 28 September 2016.

Pursuant to clause 33(4) of SEBI Regulations, 1996, the management has decided to rollover / extend the maturity of the schemes to 34 days.

Subsequent to the rollover, the schemes shall mature on 01 November 2016 or the immediately following business day, if such day is not a business day.

L&T MF Announces dividend under its schemes

Record date for dividend is 28 September 2016

L&T Mutual Fund has announced 28 September 2016 as the record date for declaration of dividend under the following schemes.

The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

L&T Equity Savings Fund – Regular Plan-Quarterly Dividend & Direct Plan-Quarterly Dividend: 0.20 each.

L&T Gilt Fund-Regular Plan-Quarterly Dividend option & Direct Plan-Quarterly Dividend option: 0.35 each.

L&T Income Opportunities Fund- Retail Option-Quarterly Dividend option: 0.25

L&T Monthly Income Plan- Regular Plan-Quarterly Dividend option & Direct Plan-Quarterly Dividend option: 0.25 each.

L&T Short Term Opportunities Fund- Regular Plan-Quarterly Dividend option & Direct Plan-Quarterly Dividend option: 0.20 each.

L&T Triple Ace Bond Fund- Regular Plan-Quarterly Dividend option & Direct Plan-Quarterly Dividend option: 0.25 each.

L&T Triple Ace Bond Fund- Regular Plan-Semi Annual Dividend option & Direct Plan-Semi Annual Dividend option: 0.50 each.

L&T Dynamic Equity Fund – Regular Plan-Dividend Option & Direct Plan – Dividend Option: 0.12 each.

ICICI Prudential MF Announces Dividend under its schemes

Record date for dividend is 28 September 2016

ICICI Prudential Mutual Fund has announced 28 September 2016 as the record date for declaration of dividend under the dividend option of following schemes.

The amount of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

ICICI Prudential MIP 25:
Half Yearly Dividend: 1.3281
Direct Plan – Half Yearly Dividend: 0.8530

ICICI Prudential Blended Plan – Plan B
Direct Plan – Quarterly Dividend: 0.3608

ICICI Prudential Banking & PSU Debt Fund:
Quarterly Dividend: 0.3887
Direct Plan – Quarterly Dividend: 0.0005

ICICI Prudential Long Term Plan:
Annual Dividend: 1.3508
Direct Plan – Annual Dividend: 1.3835

ICICI Prudential Short Term Plan:
Half Yearly Dividend: 0.0005
Direct Plan – Half Yearly Dividend: 0.0005

ICICI Prudential Income Opportunities Fund:
Half Yearly Dividend: 0.4396
Direct Plan – Half Yearly Dividend: 0.6424

ICICI Prudential Fixed Maturity Plan – Series 72 – 368 Days Plan D, ICICI Prudential Fixed Maturity Plan – Series 73 – 830 Days Plan J, ICICI Prudential Fixed Maturity Plan – Series 69 – 369 Days Plan J, ICICI Prudential Fixed Maturity Plan - Series 70 – 367 Days Plan C and ICICI Prudential Fixed Maturity Plan – Series 70 – 366 Days Plan I: 0.0500 each.

ICICI Prudential MF Announces dividend under its schemes

Record date for dividend is 29 September 2016

ICICI Prudential Mutual Fund has announced 29 September 2016 as the record date for declaration of dividend under the dividend option of following schemes.

The amount of dividend (Rs per unit) on the face value of Rs 10 per unit (except for ICICI Prudential Liquid Fund, ICICI Prudential Flexible Income Plan & ICICI Prudential Savings Fund, which has a face value of Rs 100 per unit) will be:

ICICI Prudential Liquid Plan:
Half Yearly Dividend: 3.9207
Direct Plan – Half Yearly Dividend: 3.9805
Quarterly Dividend: 1.6622
Direct Plan – Quarterly Dividend: 1.6841

ICICI Prudential Flexible Income Plan:
Quarterly Dividend: 2.3254
Direct Plan – Quarterly Dividend: 2.3594

ICICI Prudential Savings Fund:
Quarterly Dividend: 2.3591
Direct Plan – Quarterly Dividend: 2.6172

ICICI Prudential Ultra Short Term Plan:
Retail Quarterly Dividend: 0.2940
Quarterly Dividend: 0.2939
Direct Plan – Quarterly Dividend: 0.0005

ICICI Prudential Dynamic Bond Fund:
Quarterly Dividend: 0.4828
Direct Plan – Quarterly Dividend: 0.4967

ICICI Prudential MIP 25:
Quarterly Dividend: 1.0180
Direct Plan – Quarterly Dividend: 0.4438

ICICI Prudential Regular Income Fund:
Quarterly Dividend: 0.2863
Direct Plan – Quarterly Dividend: 0.3190

Saturday, September 17, 2016

SBI MF Announces change in Key personnel & Fund Management

SBI Mutual Fund has announced that Ranjana Gupta, Fixed Income Dealer has been appointed as Fund Manager (debt) & Key Personnel of SBI Funds Management Private Limited (SBIFMPL).

Jayesh Shroff & Dharmendra Grover, Fund Managers have resigned from the services of the company & cease to be Key Personnel of SBIFMPL.

Anup Upadhyay, Fund Manager has also assumed charge as Head of Research in place of Dinesh Balachandran.

Further, SBI Magnum Taxgain Scheme will be managed by Dinesh Balachandran, SBI Magnim Multiplier Fund will be managed by Saurabh Pant, Equity portion of SBI Dual Advantage Fund – Series I, II & III will be managed by Ruchit Mehta, SBI Tax Advantage Fund Series – I, II & III; SBI Long Term Advantage Fund – Series I, II & III will be managed by R. Srinivasan & SBI Equity Opportunities Fund – Series I, II & IV will be managed by Anup Upadhyay.

Saturday, September 03, 2016

Franklin Templeton MF Announces Change In Directorship

With effect from 31 August 2016

Franklin Templeton Mutual Fund has announced the following changes have been carried out in the constitution of Board of Directors of Franklin Templeton Asset Management India Private Limited (FTAMIL), with effect from 31 August 2016.

Accordingly, Harshendu Bindal has stepped down from the directors of FTAMIL.

Sanjay Sapre, President has been appointed as the Director of FTAMIL. He is an associate director.

IDBI MF Announces Change in Key Personnel

With effect from 22 August 2016

IDBI Mutual Fund has announced that Dilip Kumar Mandal has been appointed as the Managing Director & Chief Executive Officer by the Board of Directors of IDBI Asset Management Limited, with effect from 22 August 2016.

His appointment is pursuant to the repatriation of Satya Narayan, former MD & CEO of IDBI AML, with effect from 16 August 2016.

ICICI Prudential MF Announces Merger of Two Schemes

With effect from 07 October 2016

ICICI Prudential Mutual Fund has approved the merger of ICICI Prudential Blended - Plan B with ICICI Prudential Banking & PSU Debt Fund, with effect from 07 October 2016.

The period of exit offer is valid from 06 September 2016 to 07 October 2016.

UTI Capital Protection Oriented Scheme – Series VIII – II (1831 Days) Floats On

NFO period is from 06 September to 20 September 2016

UTI Mutual Fund has launched a new fund named as UTI Capital Protection Oriented Scheme – Series VIII – II (1831 Days), a close ended capital protection oriented income scheme. The duration of the scheme is 1831 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 06 September to 20 September 2016.

The investment objective of the scheme is to endeavor to protect the capital by investing in high quality fixed income securities as the primary objective and generate capital appreciation by investing in equity and equity related instruments as secondary objective.

The scheme offers growth and dividend (payout) options under both regular sub plan and
direct sub plan.

The scheme shall invest 70-100% of assets in debt & money market instruments with low to medium risk profile and up to 30% in equity & equity related instruments with medium to high risk profile.

Minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be not applicable for the scheme.

Benchmark Index for the scheme is CRISIL MIP Blended Index.

The fund managers of the scheme are Sunil Patil and Srivatsa.

HDFC Arbitrage Fund Announces Dividend

Record date for dividend is 08 September 2016

HDFC Mutual Fund has announced 08 September 2016 as the record date for declaration of dividend under the regular plan-normal dividend option of HDFC Arbitrage Fund-Wholesale Plan.

The amount of dividend will be Re 0.05 per unit on the face value of Rs 10 per unit.

ICICI Prudential MF Announces dividend under two schemes

Record date for dividend is 08 September 2016

ICICI Prudential Mutual Fund has announced 08 September 2016 as the record date for declaration of dividend under the dividend option of following schemes.

The amount of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

ICICI Prudential Interval Fund II – Quarterly Interval Plan B:
Retail Dividend: 0.1436
Dividend: 0.1434
Quarterly Dividend Payout: 0.1434
Direct Plan – Dividend: 0.1446

ICICI Prudential Fixed Maturity Plan – Series 69 – 1092 Days Plan L:
Dividend: 0.0500
Direct Plan-Dividend: 0.0500

SBI MF Announces change in exit load structure under two schemes

With effect from 06 September 2016

SBI Mutual Fund has announced change in exit load structure under the following schemes, with effect from 06 September 2016.

Accordingly, the revised exit load will be:

SBI Corporate Bond Fund:

For exit within 12 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 3%

For exit after 12 months but within 24 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 1.5%

For exit after 24 months but within 36 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 0.75%

SBI Magnum Insta Cash Fund: Nil

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