MASTER MIND FINNASSET

Friday, September 18, 2015

FPIs continue selling in equities

Net outflow of Rs 311.17 crore on 16 September 2015

Foreign portfolio investors (FPIs) sold shares worth a net Rs 311.17 crore into the secondary equity market on Wednesday, 16 September 2015. This compares with their selling of stocks totaling Rs 871.43 crore during the preceding trading session on 15 September 2015.

The net outflow of Rs 311.17 crore on 16 September 2015 was a result of gross purchases of Rs 3808.99 crore and gross sales of Rs 4120.16 crore. The barometer index, the S&P Sensex, rose 258.04 points or 1% to settle at 25,963.97.

There was an inflow of Rs 97.15 crore into FPIs from the category 'primary markets & others' on 16 September 2015.

FPIs have offloaded stocks worth a net Rs 7885.63 crore in this month so far (till 16 September 2015). They sold shares worth a net Rs 16842.54 crore into the secondary equity markets last month.

FPIs have bought shares worth a net Rs 3482.98 crore from the secondary equity markets in calendar year 2015 so far (till 16 September 2015). They bought shares worth a net Rs 84440.80 crore from the secondary equity markets in calendar year 2014.

The inflow of FPIs into the category 'primary markets & others' has totaled Rs 4324.43 crore in this month so far (16 September 2015). This compares with net outflow of Rs 34.73 crore from this category in August 2015.

The inflow of FPIs into the category 'primary markets & others' has totaled Rs 20478.17 crore in calendar year 2015 so far (till 16 September 2015). The inflow of FPIs into the category 'primary markets & others' stood at Rs 12615 crore in the calendar year 2014.

UTI Capital Protection Oriented Scheme – Series VI – II (1100 Days) Floats On

NFO period is from 16 September to 30 September 2015

UTI Mutual Fund has launched a new fund named as UTI Capital Protection Oriented Scheme – Series VI – II (1100 Days), a close ended capital protection oriented income scheme. The duration of the scheme is 1100 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 16 September to 30 September 2015.

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.

Birla Sun Life MF Announces Dividend Under three schemes

Record date for dividend is 22 September 2015

Birla Sun Life Mutual Fund has announced 22 September 2015 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 Buy India Fund:

Regular Plan – Dividend Option: 4.00

Birla Sun Life 95 Fund:

Regular Plan – Dividend Option: 7.50

Birla Sun Life Short Term Fund:

Regular Plan – Dividend Option: 0.65
Direct Plan – Dividend Option: 0.65

UTI MF Announces Dividend under two schemes

Record date for dividend is 21 September 2015

UTI Mutual Fund has announced 21 September 2015 as the record date for declaration of dividend on the face value of Rs 10 per unit under Dividend-Existing Plan & Dividend – Direct Plan of UTI Balanced Fund & UTI Spread Fund.

The quantum of dividend will be:

UTI Balanced Fund: Rs 0.50 per unit or 5%

UTI Spread Fund: Rs 0.065 per unit or 0.65%

Kotak MF Announces Dividend under its schemes

Record date for dividend is 21 September 2015

Kotak Mutual Fund has announced 21 September 2015 as the record date for declaration of dividend under the dividend option of following schemes.

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

Kotak Equity Arbitrage Fund – Regular Plan-Bimonthly: 0.2154

Kotak Equity Arbitrage Fund – Direct Plan-Bimonthly: 0.2328

Kotak Bond Unit Scheme 99 – Plan A-Regular Plan-Quarterly: Rs 0.1971

Kotak Bond Unit Scheme 99 – Plan A – Direct Plan-Quarterly: Rs 0.2275

Kotak Flexi Debt Scheme – Regular Plan-Quarterly: Rs 0.2366

Kotak Flexi Debt Scheme – Plan A-Quarterly: Rs 0.2541

Kotak Flexi Debt – Plan A – Direct Plan-Quarterly: 0.2631

Kotak Monthly Income Plan-Regular Plan-Quarterly: Rs 0.1702

Kotak Monthly Income Plan – Direct Plan-Quarterly: Rs 0.1997

Kotak Income Opportunities Fund – Regular Plan-Quarterly: Rs 0.1874

Kotak Multi Asset Allocation Fund – Regular Plan-Quarterly: Rs 0.163

Kotak Multi Asset Allocation Fund – Direct Plan-Quarterly: Rs 0.1779

Kotak Medium Term Fund – Regular Plan-Quarterly: Rs 0.1771

Kotak Medium Term Fund – Direct Plan-Quarterly: Rs 0.2134

Kotak-Gilt Investment - Regular Plan – Non-Direct Plan-Quarterly: Rs 0.2359

Kotak-Gilt Investment Regular Plan – Direct Plan-Quarterly: Rs 0.2963

Kotak-Gilt Investment Provident Fund & Trust Plan-Quarterly: Rs 0.2303

Kotak Corporate Bond Fund – Regular Plan-Quarterly: 11.9106

Kotak Equity Savings Fund – Regular Plan-Quarterly: Rs 0.1443

Kotak Equity Savings Fund – Direct Plan-Quarterly: Rs 0.1592

Kotak Bond Short Term Plan – Regular Plan-Half-Yearly: 0.6191

Kotak Bond Short Term Plan – Direct Plan-Half-Yearly: 0.629

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