Author Archive
HDFC FMP 367D March 2009 (1) Fixes Record Date for Determining Unitholders
HDFC Mutual Fund has fixed March 30, 2010 as the ‘Record Date’ for the purpose of determining the eligible Unitholders / Beneficial Owners holding units (in demat form) of HDFC FMP 367D March 2009 (1) who would be entitled to the maturity / redemption proceeds on the Maturity / Final Redemption Date of HDFC FMP [...]
HDFC MF Unveils 13 Months Plan
HDFC Mutual Fund has unveiled a new fixed term plan – HDFC FMP 13M March 2010 (3), under HDFC Fixed Maturity Plans – Series XII, a close-ended income scheme. The new issue will be open for subscription from March 29 and will close on March 30, 2010. The face value of the new issue will [...]
UTI MF Declares Bonus For Mahila Unit Scheme
UTI Mutual Fund has declared bonus on the face value of Rs 10 per unit under growth and dividend option of UTI Mahila Unit Scheme. The record date for bonus has been set as April 1, 2010. The quantum of bonus will be in the ratio of 1:1 (1 additional unit for every 1 unit [...]
Deutsche MF Unveils Global Agribusiness Offshore Fund
The scheme offers regular plan with dividend and growth option. Further, the dividend option offers payout and reinvestment facility. The scheme would allocate 80% to 100% of assets in units / securities issued by overseas mutual funds or unit trusts with medium to high risk profile. Moreover, it would allocate upto 20% of assets in [...]
DQ Entertainment lists at Rs 135 on BSE
The shares of DQ Entertainment makes a debut today by listing at Rs 135 per share at the bourses, with a premium of Rs 55 or 69 per cent as against its issue price on the BSE. The stock surges to Rs 140 in the early trade At 11.30 am, it was at Rs 112.70, [...]
Govt examining ways to prevent IPO fund misuse: Khurshid
The government is studying ways in order to prevent the over-pricing of initial public offers (IPO) and monitoring the end use of funds raised through IPOs to prevent the diversion of fund, said the corporate affairs minister Salman Khurshid. He also said that his ministry is examining the report of the expert group in order [...]