Mutual Fund News
SBI MF Declares Dividend For Magnum COMMA Fund
SBI Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of Magnum COMMA Fund. The record date for dividend has been set as March 15, 2010. The dividend will be 30% (Rs 3.00 per unit) as on the record date. The scheme recorded [...]
Religare MF Declares Dividend for Active Income Fund
Religare Mutual Fund has declared dividend on the face value of Rs. 10 per unit in regular and institutional plan under quarterly and annual dividend option of Religare Active Income Fund. The record date for the dividend has been set as March 15, 2010. The quantum of dividend will be as [...]
Religare MF rolls out new scheme
Religare Mutual Fund has unveiled a new close ended debt scheme named as Religare Fixed Maturity Plan – Series II – Plan D (24 Months). The scheme’s New Fund Offer (NFO) price is Rs 10 per unit. The new issue will be open for subscription from March 12 and will close on [...]
Quantum Gold Savings Fund files offer document with Sebi
Quantum Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) in order to launch an open ended fund of fund scheme -Quantum Gold Savings Fund. The scheme’s new fund offer (NFO) price will be Rs 10 per unit.
The scheme’s investment objective is to provide capital appreciation [...]
Fortis MF Announces Change in Features of Sustainable Development Fund
Fortis Mutual Fund had approved the automatic conversion of Fortis Sustainable Development Fund from the close ended equity scheme to open ended scheme on the expiry of 3 years from the allotment date, which was April 23, 2007. Accordingly, the scheme’s units upon conversion into an open-ended scheme shall be available [...]
ICICI Pru MF Unveils 14 Months Plan
ICICI Prudential Mutual Fund has launched a new close ended debt scheme named as ICICI Prudential Fixed Maturity Plan – Series 51 – 14 Months Plan D. The tenure of 14 Months Plan D is 431 days. The scheme’s New Fund Offer (NFO) price is Rs 10 per unit. The new issue [...]
