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0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 30.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 31. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.9% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 0.9 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond” on the face value of Rs 10 per unit. The record date for the dividend was May 29. The latest NAV of the scheme is Rs 40.19. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Pushpa Rai is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 30. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 31. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 29. The latest NAV of the scheme is Rs 14.66. The investment objective of the open ended debt scheme is to invest in various floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pushpa Rai is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 29. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 30. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 29.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 30. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 27.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 25. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 28. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 28. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 26. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 25. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 25. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 24. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 24.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 25. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 24. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 24. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 23.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 23. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 24. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

GST implementation may increase expense ratio of fund houses

With 3 per cent increase in service tax likely after the implementation of Goods and services Tax (GST) from 1 July, the expense ratio of mutual fund houses across the country will also go up by 3 per cent. Expense ratio is the measure of the cost incurred by an investment company to operate its mutual fund. The GST will, however, benefit small MF distributors having an annual income of upto Rs20 lakh. The government has exempted distributors’ annual earning up to Rs20 lakh from paying service tax. Currently, distributors earning up to Rs10 lakh as a commission are exempted from paying service tax. “We should wait for the fine print before we jump to any conclusion. However, what I understand for now, is that expense ratio will increase marginally,” PPFAS Mutual Fund chairman and chief executive, Neil Parag Parikh told PTI here on Thursday. “At my company, the expense ratio for direct plans is currently 1.8%, and 2.3% in case of regular plans plus the existing service tax of 15%. In case service tax increases to 18% then the expense ratio of these two plans will also go up accordingly,” he added. Taurus Mutual Fund CEO, Waqar Naqvi said that “with implementation of GST, the total expense ratio of my company will go up, though marginally.” “However, small distributors with an annual income of upto Rs20 lakh and who comprise around 80% of total distribution force in the industry will get benefited out of the new tax regime,” he added. Industry experts also feel that mutual fund products are set to become costlier on implementation of GST. At present, mutual fund attracts 15 per cent service tax. However under GST, it would be increased by 3 per cent to 18 per cent. Still fund houses are bullish about GST. “GST implementation will surprise positively as everyone is getting ready for a smooth transition,” Birla Sun Life Mutual Fund chief executive A Balasubramanian said.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 23. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 23. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 22.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 23. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1168 Days Plan J” with maturity period of 1168 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 24 and will close on May 25. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 21. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 21. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 19. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 19.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended capital protection scheme named “ICICI Prudential Capital Protection Oriented Fund - Series XII - Plan B 1289 Days” with maturity period of 1289 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 23 and will close on June 06. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index (85 per cent) and CNX Nifty (15 per cent). Rahul Goswami, Ihab Dalwai, Vinay Sharma and Chandini Gupta will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to protect capital will be met by investing a portion of the portfolio in highest rated debt securities and money market instruments. Hence, the scheme will allocate 65 to 100 per cent of asset in Debt Instruments and money market instruments and 0 to 35 per cent of asset in Equity and Equity related instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 17.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 18. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 17. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 18. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 18. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 16. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 16. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 16. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 15. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OP (1105 days)” with maturity period of 1105 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 17 and will close on May 23. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 1,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

Raj Kumar joins LIC-MF as whole time director

LIC Mutual Fund today said that Raj Kumar has joined the fund house as a whole time director effective from April 28. The position was created after Sarojini Dikhale was transferred to LIC as executive director, marketing and product development some time back. With an average assets under management at Rs 21,475 crore as on March 31, LIC Mutual Fund is currently ranked 17th in the industry. "I am extremely delighted to join LIC MF and looking forward to use my experience and insights gained through the life insurance industry in the mutual fund industry," Raj Kumar said in a statement. "We aim to reach new heights in the MF industry. Our endeavour has, always, been to deliver consistent performance to our investors under the trust of our brand LIC Mutual Fund and we are committed for that," he said. In his professional career, spanning more than 32 years, Kumar has worked as zonal manager central zone, LIC of India, at Bhopal for one year. Prior to it, he was an executive director (HRD) and executive director (estates and office services) at corporate office of LIC.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 15. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.05% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.05 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 15. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 15. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIV- Series 2” with maturity period of 1145 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 16 and closed on May 18. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 14.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 12. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 14. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIV- Series 1” with maturity period of 1238 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 16 and closed on May 29. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 13.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 14. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

MFs' asset base from smaller cities up 41% at Rs 3 lakh cr in FY17

The contribution of the country's smaller towns — beyond-15 cities (B15) in industry parlance — to mutual funds' asset base surged 41 per cent to Rs 3.09 lakh crore by March-end due to investor-friendly initiatives by Sebi, said the media report. Mutual funds' assets under management (AUM) from B15 locations grew from Rs 2.18 lakh crore in March 2016 to Rs 3.09 lakh crore at the end of March 2017, according to latest data available with Association of Mutual Funds in India (Amfi). "Steps taken by Sebi to increase penetration of mutual funds in smaller cities is paying dividend. Sebi allowed up to 30 basis points of extra expense to be charged to a fund to incentives distribution of funds in B-15 (Beyond Top-15 cities). "This coupled with the increasing investor education programs has resulted in increasing investor awareness and many first time investors from smaller cities are investing into mutual funds," Director of Fund Research at Morningstar, Kaustubh Belapurkar said. Currently, B15 accounts for 17 per cent of the total assets of the industry. Besides, these locations have a better balance of equity and non-equity assets. Moreover, a large proportion of direct investments were in non-equity oriented schemes where institutional investors dominate. "Investing through Systematic Investment Plan (SIP) has helped a lot, adding to the convenience of investors. We do expect a solid growth in B15 towns in the next five years," Sharekhan director, Jean-Christophe Gougeon, said. B15 cities are those which are beyond these top 15 cities — New Delhi (including NCR) Mumbai (including Thane and Navi Mumbai), Kolkata, Chennai, Bengaluru, Ahmedabad, Baroda, Chandigarh, Hyderabad, Jaipur, Kanpur, Lucknow, Panjim, Pune and Surat. A total of 53 per cent of the assets from B15 locations is in equity schemes, while the same is 29 per cent for T15 assets. About 25 per cent of assets held by individual investors is from the B15 locations and 10 per cent of institutional assets come from such places. On the other hand, institutional assets are concentrated in T15 locations, accounting for 91 per cent of the total. Further, about 9 per cent of the retail investors chose to invest directly, while over 16 per cent of HNI assets were invested directly. Together, all 42 mutual fund houses managed assets worth Rs 18.3 lakh crore at the end of March 31, 2017. This was 35 per cent higher from Rs 13.53 lakh crore managed by the industry in March last year.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 11. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 10. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 10.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 11. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 11. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

BirlaSL FTP S IL - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Purs

Birla Sun Life Mutual Fund- Birla Sun Life Fixed Term Plan- Series IL (368 days)-R P(Growth) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL FTP S HS DP - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 P

Birla Sun Life Fixed Term Plan -Series HS (366 Days)Direct Plan (Growth) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL FTP S HL DP - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 P

Birla Sun Life Fixed Term Plan -Series HL (366 Days)Direct Plan (Growth) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

Birla SunLifeRGESSS1 - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017

Birla Sun Life Rajiv Gandhi Equity Savings Scheme-Series 1- Regular Plan (Growth) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSunLifeRGESS1DP - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017

Birla Sun Life Rajiv Gandhi Equity Savings Scheme-Series 1 -Direct Plan (Growth) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL FTP S FZ - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Purs

Birla Sun Life Fixed Term Plan- Series FZ-Growth (1093 days) has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL CPO Series11 - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017

Birla Sun Life Mutual Fund-Capital Protection Oriented Fund - Series 11- Growth Option has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL FTP S EH - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Purs

Birla Sun Life Fixed Term Plan- Series EH - Growth has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

BirlaSL Gold ETF - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Purs

Birla Sun Life Mutual Fund - Birla Sun Life Gold ETF has informed BSE about :

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

Mutual funds see Rs 1.51 lakh-cr inflow in Apr

Investors have pumped in nearly Rs 1.51 lakh crore into various mutual fund schemes in April, with liquid, income and equity funds attracting most of the inflows, reported PTI. This comes following an outflow of close to Rs 55,000 crore in the preceding month. "Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and AMCs in mutual fund industry," Bajaj Capital CEO Rahul Parikh said. "Besides, investors have preferred debt and balanced category of mutual funds because of falling interest rates of secured investment schemes like PPF (Public Provident Fund) and Bank FDs (Fixed Deposits)," he added. Further, Systematic Investment Plan (SIP) and Systematic Transfer Plan (STP) ways of investing have also given the investors a choice as well as flexibility of investing periodically or in lump sum as per their preference. According to data by the Association of Mutual Funds in India (Amfi), a net sum of Rs 1,50,703 crore has been invested in mutual funds in the month of April. In the entire 2016-17, investors had poured over Rs 3.43 lakh crore into various mutual fund schemes. The latest inflows have been mainly driven by liquid, income and equity funds. Liquid or money market fund category attracted Rs 99,403 crore, income funds saw net inflows of Rs 34,647 crore while equity and equity-linked schemes saw inflows of Rs 9,429 crore. However, gold exchange traded funds (ETFs) witnessed a withdrawal of Rs 66 crore. Liquid and money market funds invest mainly in money market instruments like commercial papers, treasury bills, term deposits and have a lower maturity period and do not have any lock-in period. An income fund emphasises on current income, either on a monthly or quarterly basis, as opposed to capital appreciation. Such funds usually hold a variety of government, municipal and corporate debt obligations, preferred stock and dividend-paying stocks. The inflow has pushed assets under management (AUM) of all the active 42 fund houses to a record Rs 19.36 lakh crore at the end of April, from Rs 17.55 lakh crore at March-end.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended capital protection scheme named “ICICI Prudential Capital Protection Oriented Fund - Series XII - Plan A 1168 Days” with maturity period of 1168 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 09 and will close on May 23. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index (85 per cent) and CNX Nifty (15 per cent). Rahul Goswami, Ihab Dalwai, Vinay Sharma and Chandini Gupta will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to protect capital will be met by investing a portion of the portfolio in highest rated debt securities and money market instruments. Hence, the scheme will allocate 65 to 100 per cent of asset in Debt Instruments and money market instruments and 0 to 35 per cent of asset in Equity and Equity related instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 10. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 09. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 10. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 09. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Shriram A M C - Fixes Book Closure For Annual General Meeting

Twenty Third Annual General Meeting of the Company is scheduled to be held on Thursday, August 10, 2017 in Mumbai. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform that the Register of Members and Share Transfer Books of the Company will remain closed from Monday, August 07, 2017 to Thursday, August 10, 2017 (both days inclusive).

Equity MF inflows hit 4-month high of Rs 9,429-cr in Apr

Equity mutual funds witnessed an inflow of Rs 9,429 crore in April, the highest in four months, due to participation from retail investors and steps taken by fund houses to create awareness about MFs. This also marks the 13th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March 2016. The strong inflows have pushed the asset base of equity mutual funds (MFs) by 5 per cent in April from the preceding month. "Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and AMCs in mutual fund industry. "Systematic investment plans (SIP) and Systematic Transfer Plan (STP) ways of investing have also given the investors a choice as well as flexibility of investing periodically or in lump sum as per their preference," Bajaj Capital CEO Rahul Parikh said. According to data from the Association of Mutual Funds in India (Amfi), equity funds, which also include equity-linked saving schemes (ELSS), saw net inflows of Rs 9,429 crore in April, higher than Rs 8,216 crore in the preceding month. This was the highest net inflow since December, when equity funds had witnessed an infusion of Rs 10,103 crore. In April 2016, these funds had seen a net inflow of Rs 4,438 crore. The assets under management (AUM) of equity MFs scaled a record high of Rs 5.69 lakh crore at the end of April 2017 from Rs 5.43 lakh crore at March-end. "The mutual fund industry is at a take-off stage in terms of growth and Indian investors are focusing on investments in equity as an asset class," said Srikanth Meenakshi, COO, FundsIndia.Com, an investment portal for MFs. MFs are investment vehicles made up of a pool of funds collected from a number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OO (1098 days)” with maturity period of 1098 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 05 and will close on May 11. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 08. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 09. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 08.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 08. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 07. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1178 Days Plan H” with maturity period of 1178 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 08 and will close on May 15. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 08. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 08. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 05. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 07. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 05.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1116 Days Plan I” with maturity period of 1116 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 09 and will close on May 09. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 07. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Mutual Funds' asset base surpasses Rs 19 lakh cr mark

The mutual fund (MF) industry's asset base has crossed the Rs 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments. The assets under management (AUM) of the MF industry, comprising 42 players, rose to an all-time high of Rs 19.26 lakh crore at the end of April from Rs 17.55 lakh crore at the end of March, as per the data from Association of Mutual Funds in India (AMFI). The industry's AUM had crossed Rs 10 lakh crore in May 2014, and it is expected to reach Rs 20 lakh crore this year. Industry experts attributed the monthly rise in asset base to inflows in income and equity categories. Besides, buoyant investor sentiment and phenomenal growth in systematic investment plans (SIPs) also helped in the growth of assets under management. "Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and Asset Management Companies (AMCs)in mutual fund industry," Bajaj Capital CEO Rahul Parikh said. "Systematic investment plans (SIP) and Systematic Transfer Plan (STP) ways of investing have also given the investors a choice as well as flexibility of investing periodically or in lump sum as per their preference," he added. Overall inflow in MF schemes stood at Rs 1.51 lakh crore last month. Of this, income funds which invest in a combination of government securities saw inflow of Rs 34,647 crore. The liquid funds or money market category -- with investments in cash assets such as treasury bills, certificates of deposit and commercial paper for shorter horizon -- witnessed an infusion of Rs 99,403 crore. Further, equity and equity-linked saving scheme (ELSS) saw an infusion of Rs 9,429 crore. "The financial 2017-18 has seen a very good start in regard to mutual fund industry as April has seen a wonderful growth in net inflows in equity and debt. "Equity, Balanced, ELSS, Overseas categories have seen an almost 20 per cent hike in net inflows at Rs 16,525 crore in April as compared to Rs 14,123 crore in March," Parikh said. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 04. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 03. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1185 Days Plan G” with maturity period of 1185 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 06 and will close on May 08. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 03.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 04. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

MF investments in stocks hit 5-mnth high of Rs 10k cr in April

Mutual fund managers net purchased stocks worth close to Rs 10,000 crore in April, making it the highest investment in five months, on sustained participation by retail investors. This comes on the top of over Rs 51,000 crore investment in stocks in the entire 2016-17 financial year. Fund houses are upbeat over the industrys performance in the ongoing fiscal while expecting investment from new investors to fuel the growth of the sector. As per data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 9,918 crore in stock markets last month, much higher than the Rs 4,191 crore infused in March. This was the highest infusion by fund managers since November 2016, when they had invested a net sum of Rs 13,775 crore in stock markets. Apart from equities, fund managers invested a staggering Rs 58,000 crore in debt markets in April. According to market experts, the mutual fund industry is at a take-off stage in terms of growth and Indian investors are warming up to investments in equity as an asset class. "The positive net inflow in equities can be credited to maturity of retail investors," Bajaj Capital Chief Executive Rahul Parikh said "Indian investors have now eventually assimilated mutual funds and the credit goes to awareness programs and endeavours by regulators and Asset Management Companies (AMCs)," he added. Kaustubh Belapurkar, Director Fund Research at Morningstar, said that flows into equity and balanced funds have been phenomenal since the market correction post demonetisation in November 2016. "Fund managers over the last few months are effectively deploying these fresh inflows and also looking to reduce their cash levels by investing greater amounts into the equity markets," he added. A mutual fund pools the assets of its investors and invests the money on their behalf. It provides diverse investment instruments like stocks and bonds without requiring investors to make separate purchases and trades.

Shriram A M C - Updates

Revised Audited Financial Results for the quarter and year ended 31st March 2017 as per Schedule III to the Companies Act, 2013 along with Auditors Report on the Audited Financial Statements and declaration pursuant to Regulation 33(3) (d) of the SEBI (Listing Obligations and Disclosure) Regulations, 2015(as amended) stating that the Statutory Auditors have expressed an unmodified opinion in respect of Financial Results.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 03. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 02. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 03. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 03. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OO (1098 days)” with maturity period of 1098 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on May 05 and will close on May 11. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

MF folio count climbs 77 lakh to record 5.54 crore in FY17

Mutual fund houses added over 77 lakh investor accounts in 2016-17, taking the total tally to a record 5.54 crore on growing interest of retail as well as HNI investors, reported PTI. In comparison, 59 lakh folios were added in the preceding fiscal. In the last two years, investor accounts have increased following robust contribution from smaller towns. Folios are numbers designated to individual investor accounts, though an investor can have multiple ones. According to data from Association of Mutual Funds in India (Amfi) on total investor accounts with 42 active fund houses, the number of folios rose to a record 5,53,99,631 at the end of March 2017, from 4,76,63,024 at the end of March 2016, a gain of 16 per cent or 77.37 lakh. Growing participation from retail as well as HNI (high networth individuals) categories have helped in raising overall investor accounts, FundsIndia.Com Head of Mutual Fund Research Vidya Bala said as per the media reports. Individually, HNIs' folios rose by 39 per cent to 25.12 lakh. Last fiscal saw a surge in the number of retail investor accounts, which comprises equity, equity-linked saving schemes and balanced categories, by 15 per cent to 5.23 crore. "The fiscal year 2016-17 saw retail and HNI folios touching the highs of March 2010. These folios took almost six years to get back to the March 2010 levels of 4.76 crore. They crossed this mark in June 2016 and as of March 2017 stood at 5.48 crore," she added. Overall, the country's mutual fund industry managed an asset base of over Rs 18 lakh crore. It is likely to cross Rs 20 lakh crore in the current fiscal. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 02. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 01. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was May 01.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was May 02. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was May 02. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Div declared for L&T Liquid Fund - Daily Div Reinvestment Plan

L&T Mutual Fund has announced 0.0382 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was May 01. The latest NAV of the scheme is Rs 1,011.78. The investment objective of the open-ended scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Tata Mutual Fund declares 11% dividend

Tata Mutual Fund has announced 11 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend was May 01. The latest NAV of the scheme is Rs 53.92. The investment objective of the open-ended scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against S&P BSE Sensex. Sonam Udasi is the fund manager of the scheme.

IDFC MF announces 0.01% div under Ultra Short Term Fund

IDFC Mutual Fund has announced 0.0143 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 28. The latest NAV of the scheme is Rs 10.07. The investment objective of the open-ended scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy. The scheme will have a portfolio that is invested in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.43% div announced under SBI Savings Fund - Direct Plan

SBI Mutual Fund has announced 0.4334 per cent dividend under dividend payout option of scheme named as “SBI Savings Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 28. The investment objective of the open-ended scheme is to provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities. R. Arun is the fund manager of the scheme.

Div declared for Birla Sun Life Monthly Income - Direct Plan

Birla Sun Life Mutual Fund has announced 0.55 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Monthly Income - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 28. The investment objective of the open-ended income scheme is to generate regular income so as to make monthly and quarterly distributions to Unitholders and the secondary objective as growth of capital. Monthly income is not assured and is subject to availability of distributable surplus. Sunaina da Cunha is the fund manager of the scheme.

SBI ETF Gold - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Pursuant

SBI Mutual Fund - SBI - ETF BSE 100 has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

IDBI RGESS S1DP - Half yearly Unaudited Financial Results & Half Yearly Portfolio Statement For the period ended March 31, 20

IDBI Mutual Fund - IDBI Rajiv Gandhi Equity Savings Scheme-Series I Plan A - D D P has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Portfolio Statement as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

IDBI Gold ETF - Half yearly Unaudited Financial Results & Half Yearly Portfolio Statement For the period ended March 31, 2017

IDBI Mutual Fund - IDBI Gold ETF has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Portfolio Statement as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

IDBI RGESS S1 - Half yearly Unaudited Financial Results & Half Yearly Portfolio Statement For the period ended March 31, 2017

IDBI Mutual Fund - IDBI Rajiv Gandhi Equity Savings Scheme-Series I Plan A - D R P has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Portfolio Statement as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

SBI ETFSensex - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Pursuan

SBI Mutual Fund - SBI Sensex ETF has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

SBI DFS 180D 22 - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Pursu

SBI Debt Fund Series -180 Days - 22 -Growth has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

SBI DFS 180D 22 - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Pursu

SBI Debt Fund Series - 180 Days - 22 -Dividend payout has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

SBI CPOF Series II - Half yearly Unaudited Financial Results & Half Yearly Disclosures For the period ended March 31, 2017 Pu

SBI Capital Protection Oriented Fund Series II (Growth) has informed BSE about :-

1. Half yearly Unaudited Financial Results For the period ended March 31, 2017 Pursuant to Regulation 59 of SEBI(Mutual Fund) Regulations, 1996.

2. Half Yearly Disclosures (Portfolio Statements of the Schemes) as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

Shriram A M C - Financial Results For Mar 31, 2017

The Board of Directors of the Company at its meeting 1. Approved the Audited Balance Sheet as at March 31, 2017 and Statement of Profit and Loss for the financial year ended on that date together with all the notes annexed thereto and the Audited Financial Results for the quarter and the year ended March 31, 2017 of the Company, prepared in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Did not recommend any dividend for the Financial Year ended March 31, 2017. 3. Subject to the approval of the shareholders at the ensuing Annual General Meeting (23rd AGM) of the Company appointed M/s. G. D. Apte and Co., Chartered Accountants, Mumbai (Registration No. 100515W) as Statutory Auditors of the Company from the conclusion of 23rdAnnual General Meeting (subject to ratification by the Members every year in the Annual General Meeting) until the conclusion of 28th Annual General Meeting of the Company, to be held in the year 2022.

Tata Mutual Fund declares 11% dividend

Tata Mutual Fund has announced 11 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was May 01. The latest NAV of the scheme is Rs 56.61. The investment objective of the open-ended scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme is benchmarked against S&P BSE Sensex. Sonam Udasi is the fund manager of the scheme.

Peerless MF announces 3% div under Equity Fund

Peerless Mutual Fund has announced 3 per cent dividend under dividend payout option of scheme named as “Peerless Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 30. The latest NAV of the scheme is Rs 15.47. The investment objective of the open-ended scheme is to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors. The performance of the scheme is benchmarked against Nifty 50. Amit Nigam is the fund manager of the scheme.

Div declared for L&T Liquid Fund - Daily Div Reinvestment Plan

L&T Mutual Fund has announced 0.0127 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was April 27. The latest NAV of the scheme is Rs 1,011.78. The investment objective of the open-ended scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

22.4% div announced under Birla Sun Life India Opportunities Fund

Birla Sun Life Mutual Fund has announced 22.40 per cent dividend under dividend payout option of scheme named as “Birla Sun Life India Opportunities Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 28. The latest NAV of the scheme is Rs 28.22. The investment objective of the open-ended growth scheme is to achieve superior long-term growth of capital by investing in shares of companies that do one or more of the following: Leverage India’s intellectual capital for providing services, research and creative inputs; Seek to use current and impending changes in patent laws / import tariffs / quotas to supply goods and services; Leverage India’s lower labour costs for providing services and manufactured goods; Leverage India’s large population of English speaking people for providing service. The performance of the scheme is benchmarked against Nifty 500. Kunal Sangoi is the fund manager of the scheme.

Div declared for IDFC Super Saver Income Fund - Short Term

IDFC Mutual Fund has announced 0.3728 per cent dividend under dividend payout option of scheme named as “IDFC Super Saver Income Fund - Short Term” on the face value of Rs 10 per unit. The record date for the dividend was April 27. The latest NAV of the scheme is Rs 10.16. The investment objective of the open-ended scheme is to generate stable returns with a low risk strategy by investing in good quality fixed income securities and money market securities. The performance of the scheme is benchmarked against CRISIL AAA Short Term Index. Suyash Choudhary is the fund manager of the scheme.

ICICI PruFMP S63 3YM - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations,

ICICI Prudential Fixed Maturity Plan Series 63-3 Year Plan M (Dividend Option) has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

ICICI PruFMP S63 3YM - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations,

ICICI Prudential Fixed Maturity Plan Series 63- 3 Year Plan M (Cumulative Option) has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

ICICI PruFMP S63 3YH - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations,

ICICI Prudential FMP Series 63 - 3 Year Plan H (Cumulative) has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

ICICI Pru Gold iWIN - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1

ICICI Prudential Gold iWIN ETF has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

ICICIPruCPOIV PD 60M - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations,

ICICI Prudential Capital Protection Oriented Fund - Series IV - Plan D - 60 Months Plan - R P C O has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

HDFC Gold ETF - Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996

HDFC Mutual Fund - HDFC Gold Exchange Traded Fund has submitted to BSE a copy of Half Yearly Disclosures as on March 2017 Pursuant to Regulation 59A of SEBI(Mutual Fund) Regulations, 1996.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 26. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 25.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 25. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.08% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 0.08 per cent dividend under dividend payout option of scheme named as “ Tata Money Market Fund - Retail Plan” on the face value of Rs 1000 per unit. The record date for the dividend is April 25. The latest NAV of the scheme is Rs 1015.20. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 26. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

DSPBR DualAdvS11 36M - Standalone Financial Results for March 31, 2017

DSP Black Rock FTP - Series 11-36M-Growth has informed BSE about :

1. Standalone Financial Results for the period ended March 31, 2017

Sebi allows investors to buy MFs via digital wallets

Investors will be permitted to purchase mutual funds worth up to Rs 50,000 through digital wallets with the market regulator Sebi approving the proposal. The proposal, part of efforts to channelise household savings into the capital market as well as promote digital payments in the mutual funds industry, was approved by the Sebi board during its meeting. "Investments up to Rs 50,000 per mutual fund per financial year can be made using e-wallets," the regulator said while redemptions of such investments can be made only to the bank account of a unit holder. E-wallet issuers would not be permitted to offer any incentive such as cash back, directly or indirectly, for investing in mutual fund scheme through them. Besides, the e-wallet's balance loaded through cash or debit card or net banking can only be used for subscription to mutual funds schemes. Balance loaded through credit card, cash back, promotional schemes would not be allowed for subscription to mutual funds. The limit of Rs 50,000 would be an umbrella limit for investment by an investor through e-wallet and/or cash, per mutual fund, Sebi said in a release. Besides, mutual funds and asset management companies have been allowed to provide instant online access facility to resident individual investors in liquid schemes. In this case, the limit would be up to Rs 50,000 or 90 per cent of folio value, whichever is lower. For providing such facility AMCs would not be allowed to borrow. Liquidity is to be provided out of the available funds from the scheme and AMCs to put in place a mechanism to meet the liquidity demands. "This facility can also be used for investment in mutual funds through tie-ups with payments banks provided necessary approvals are taken from the RBI," Sebi said. Currently, any scheme providing the facility would reduce the limit to Rs 50,000 immediately. As many as 41 active asset management companies (AMCs) together manage assets worth Rs 18.3 lakh crore and mutual fund investor accounts are over 5 crore. Mutual funds are investment vehicles made up of a pool of funds collected from a number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 25. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 24. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

DSP BlackRock Mutual Fund launches New Close Ended Scheme

DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock FMP - Series 211 - 38M” with maturity period of 38 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 25 and will close on April 27. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Laukik Bagwe and Pankaj Sharma will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and capital appreciation will be met by investing in a portfolio of Debt and Money Market Securities. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 25. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 25. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 23.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 24. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1101 Days Plan E” with maturity period of 1101 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 26 and will close on May 02. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 24. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 24. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

MFs' exposure to bank stocks at record Rs 1.26 lakh cr

Mutual fund managers continued to be bullish on bank shares, with their allocation to the sector reaching an all time-high of over Rs 1.26 lakh crore at the end of March, mainly due to cheaper valuations. In comparison, fund managers' investments in bank shares stood at Rs 80,468 crore at the end of March 31, 2016. "MFs have been adding exposure to financial sector, especially banking stocks due to several reasons -- lower valuations due to price corrections, expectation of corporate lending growth returning and better net interest margins, especially after the demonetisation announcement which lowered cost of funds for many banks," said Kaustubh Belapurkar, Director Manager Research at Morningstar Investment Adviser. During the past fiscal, many private sector banks, NBFCs and select PSU banks witnessed fresh purchases. Stocks like ICICI Bank and SBI witnessed significant additions, at the same time Axis Bank saw consistent selling, he said. Besides, fund managers subscribed to the initial public offering of Ratnakar Bank, he added. Overall, the deployment of equity funds in bank stocks stood at Rs 1,26,587 crore at the end of March 2017, compared to previous high of Rs 1,19,796 crore in the preceding month, as per data by Morningstar. Banking continues to be the most preferred sector with fund managers as they cannot afford to take a bearish call on the banking stocks, given the high weightage attached to the index, he added. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. They invest in stocks, bonds, money market instruments and similar assets.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 23. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 20. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1195 Days Plan D” with maturity period of 1195 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 24 and will close on April 27. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 21.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 23. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Invesco Mutual Fund declares 0.20% dividend

Invesco Mutual Fund has announced 0.20 per cent dividend under dividend payout option of scheme named as “Invesco India Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 24. The latest NAV of the scheme is Rs 13.33. The investment objective of the open-ended scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Pranav Gokhale is the fund manager of the scheme.

Div declared for L&T Liquid Fund - Daily Div Reinvestment Plan

L&T Mutual Fund has announced 0.0127 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was April 20. The latest NAV of the scheme is Rs 1,011.78. The investment objective of the open-ended scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective investment will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

IDFC MF announces 0.01% div under Ultra Short Term Fund

IDFC Mutual Fund has announced 0.0144 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 20. The latest NAV of the scheme is Rs 10.07. The investment objective of the open-ended scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy. The scheme will have a portfolio that is invested in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

29% div announced under Invesco India Mid Cap Fund

Invesco Mutual Fund has announced 29 per cent dividend under dividend payout option of scheme named as “Invesco India Mid Cap Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 19. The latest NAV of the scheme is Rs 25.35. The investment objective of the open-ended scheme is to provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid cap companies. The performance of the scheme is benchmarked against Nifty Midcap 100. Vinay Paharia is the fund manager of the scheme.

Div declared for DSP BlackRock Liquidity Fund - Retail Plan

DSP BlackRock Mutual Fund has announced 0.1071 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Liquidity Fund - Retail Plan” on the face value of Rs 10 per unit. The record date for the dividend was April 19. The latest NAV of the scheme is Rs 12.41. The investment objective of the open-ended income scheme is to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Laukik Bagwe is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 18. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 18. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 18. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 18.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 18. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Pru SensexiWIN - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Ma

ICICI Prudential Sensex iWIN ETF has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2017, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shriram A M C - Closure of Trading Window

As Meeting of the Board of Directors of the Company has been rescheduled to Tuesday, May 02, 2017 inter-alia to consider, the Audited Financial Results for the Quarter and the Year Ended March 31, 2017. We hereby intimate the Revised ‘Trading Window Closure'. 'Trading Window' as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, will be closed from April 25, 2017 to May 04, 2017 (both days inclusive).

Shriram A M C - Board Meeting On May 02, 2017

Meeting of the Board of Directors of the Company has been rescheduled to Tuesday, May 02, 2017 inter-alia to consider, the Audited Financial Results for the Quarter and the Year Ended March 31, 2017.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 17. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 17.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 17. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended hybrid scheme named “Reliance Dual Advantage Fixed Tenure Fund - XI- Plan A” with maturity period of 1167 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 10 and will close on April 24. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against a mix of 80 per cent Crisil Composite Bond Fund Index & 20 per cent CNX Nifty Index. Sanjay H. Parekh and Anju Chajjer will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and reduce interest rate volatility will be met by investing in a portfolio of fixed income securities that are maturing on or before the maturity of the Scheme along with capital appreciation through equity exposure. Hence, the scheme will allocate 70 to 95 per cent of asset in Debt Instruments, 5 to 30 per cent of asset in Equity and Equity related instruments and 0 to 25 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 17. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 10” with maturity period of 1173 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 19 and closed on April 20. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 16.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 16. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.03% Dividend

L&T Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 16. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 16. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Sebi may allow investors to buy mutual fund via digital wallet

Markets regulator Sebi is looking to allow investors to buy mutual funds worth up to Rs 50,000 through digital wallets to make it easier for investors to purchase these instruments, especially by young generation, reported PTI. The move would help in speedy and easy transactions, while reducing failures due to payment gateway issues. Besides, the Securities and Exchange Board of India (Sebi) is expected to put in place regulations for instant withdrawal facility in liquid mutual fund. Also, asset management companies (AMCs) can tie-up with payment banks to provide digital transaction to investors. The board of Sebi will discuss proposals in this regard next week, sources said. These new facilities will help in increasing the penetration of mutual funds and help in channelising household savings into capital markets. It would also provide convenient option to investors to diversify from traditional saving avenue. Under the proposal, total subscription through e-wallet for an investor should be restricted up to Rs 50,000 per mutual fund in a financial year. The regulator may ask AMCs to enter into an agreement with payment pre-paid payment instruments for facilitating payment from e-wallets of the investors to mutual fund schemes. AMCs will have to ensure that e-wallet issuers must not offer incentive such as cash back directly or indirectly for investing in MFs through them. Further, e-wallet's balance loaded through cash, debit card and net banking, can only be used for subscriptions to mutual funds. However, balance loaded with credit card, cash back and promotional scheme should not be allowed for purchase of such products. Sebi may come out with framework for instant access facility in liquid schemes, wherein investors can withdraw their funds invested in the scheme within a very short time through online mechanism. For instant access facility, the regulator may set a limit of Rs 50,000 or 90 per cent of investment, whichever is lower, per day per investor per scheme. The regulator may mandate fund houses to get prior approval from the asset management company board and trustee board before offering this facility to investors and also make appropriate disclosures in offer documents. Currently, 41 active asset management companies (AMCs) together manage assets worth Rs 18.3 lakh crore and mutual fund investor accounts are over 5 crore. MFs are investment vehicles made up of a pool of funds collected from a number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 12. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1101 Days Plan C” with maturity period of 1101 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 18 and will close on April 28. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 12. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 12. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 12. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

Equity MFs log Rs 70,000 cr inflow in 2016-17

Investors put in more than Rs 70,000 crore in equity-oriented mutual fund schemes in 2016- 17, making it the third successive year of net inflows. The strong inflows have pushed the asset base of equity MFs by an impressive 41 per cent during the period under review. Market players attributed the phenomenon to continuous participation from retail investors through systematic investment plans (SIPs), along with positive returns from equity funds and steps taken by asset management companies to create awareness among investors. "2016-17 has been a golden year for the mutual fund industry as net inflows into equity MFs have been positive in each month without exception," Bajaj Capital Group Director Anil Chopra said. "Much of the credit can be given to maturity of retail investors who have come up in the 'learning curve' by contributing 1.3 crore monthly SIPs adding more than Rs 4,000 crore per month in various top-performing equity mutual fund schemes." According to data from the Association of Mutual Funds in India (Amfi), equity funds, which also include equity-linked saving schemes (ELSS), saw net inflows of Rs 70,367 crore in 2016-17, a slight drop from Rs 74,024 crore infusion in 2015- 16. These funds had seen net inflows of Rs 71,029 crore in 2014-15 and withdrawal of Rs 9,269 crore in 2013-14. The gone-by fiscal saw a surge in the number of retail investor accounts, or folios, in equity, equity-linked saving schemes and balanced categories, which grew by more than 58 lakh to 4.4 crore. "The mutual fund industry is at a take-off stage in terms of growth and Indian investors are focussing on investments in equity as an asset class," said Srikanth Meenakshi, COO, FundsIndia.Com, an investment portal for MFs. The assets under management (AUM) of equity MFs scaled a record high of Rs 5.43 lakh crore at the end of March 2017 from Rs 3.86 lakh crore at March 2016-end. MFs are investment vehicles made up of a pool of funds collected from a number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 11. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 11. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 11.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 11. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 9” with maturity period of 1265 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 13 and closed on April 27. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 10. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1205 Days Plan B” with maturity period of 1205 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 13 and will close on April 17. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 10. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 10. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 09.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Shriram A M C - Closure of Trading Window

‘Trading Window' as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, will be closed from April 20, 2017 to April 29, 2017 (both days inclusive). This trading window closure will be for taking into consideration the Audited Financial Results for the quarter and the year ended March 31, 2017.

Shriram A M C - Board Meeting On APRIL 27, 2017

Pursuant to Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a Meeting of the Board of Directors of the Company will be held on April 27, 2017 inter-alia to consider, the Audited Financial Results for the quarter and the year ended March 31, 2017.

Shriram A M C - Regulation 40 (9) & (10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 40 (9) & (10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly find herewith the Compliance Certificate for the half year ended March 31, 2017.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 09. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 09. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

DSP BlackRock Mutual Fund launches New Close Ended Scheme

DSP BlackRock Mutual Fund has launched a new close ended income scheme named “DSP BlackRock FMP - Series 210 - 36M” with maturity period of 36 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 11 and will close on April 17. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Laukik Bagwe and Pankaj Sharma will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and capital appreciation will be met by investing in a portfolio of Debt and Money Market Securities. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 09.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Mutual funds see record Rs 3.43 lakh cr inflow in FY'17

Investors pumped in a record Rs 3.43 lakh crore in mutual funds (MFs) in 2016-17, mainly into income and liquid schemes. According to the Association of Mutual Funds in India (Amfi) data, a net of Rs 3,43,049 crore was invested in these schemes last fiscal ended March 31, more than double of Rs 1,34,180 crore seen in 2015-16. This was the highest investment in MF schemes since 1999-2000. The data for entire fiscal prior to this period is not available with Amfi. "Financial year 2016-17 has been a golden year for Mutual Fund industry and much of the credit can be given to maturity of retail investors who have come up in the 'learning curve' by contributing 1.3 croremonthly systematic investment plans," Bajaj Capital Group Director Anil Chopra said. COO of Fundsindia.Com, an MF investment portal, Srikanth Meenakshi said: "Retail investors appear to have become savvier, using liquid schemes to either earn higher returns or to run Systematic Transfer Plan (STPs) into equity funds. "Inflows into debt funds have risen. Deposit rates have been falling, resulting in lower returns for investors. Falling rates help debt fund returns as yields instruments rally, which could have additionally helped draw in investors," he said. Investors have put in most of the money in liquid, income and equity funds. Income funds, which provide returns either on monthly or quarterly basis as opposed to capital appreciation, attracted Rs 1.22 lakh crore. Such funds usually hold a variety of government, municipal and corporate debt obligations, preferred stock and dividend-paying stocks. Liquid or money market fund category saw net inflows of Rs 95,826 crore. They invest mainly in money market instruments like commercial papers, treasury bills, term deposits and have a lower maturity period and do not have any lock-in period. Equity and equity-linked schemes saw inflows of more than Rs 70,000 crore. The robust inflow has helped assets under management (AUM) of all the 41 active fund houses soared to a record Rs 18.3 lakh crore at the end of March 31, 2017 from Rs 13.53 lakh crore at the end of preceding fiscal.

Shriram A M C - Shareholding for the Period Ended March 31, 2017

Shriram Asset Management Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2017. For more details, kindly Click here

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 07.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.07% Dividend announced by SBI Mutual Fund

SBI Mutual Fund has announced 0.07 per cent dividend under dividend payout option of scheme named as “SBI Magnum Insta Cash Fund - Liquid Floater Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 07. The latest NAV of the scheme is Rs 1031.50. The investment objective of the open ended liquid fund scheme is to mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. R.Arun is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 06. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 81 - 1211 Days Plan A” with maturity period of 1211 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on April 11 and will close on April 11. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 06. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 05. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 05. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 05.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 05. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 06. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

FY17 equity MF inflows drop by 27% to Rs 51,000 cr on market volatility

Mutual fund managers' investment in equities declined by 27 per cent to over Rs 51,000 crore in 2016-17 due to volatility in stock markets. However, fund houses are upbeat about the industry's performance in the new financial year (FY) while expecting investment from new investors to fuel the growth of the sector. As per data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 51,352 crore in stock markets during 2016-17, lower than Rs 70,130 crore invested in the preceding FY. In 2014-15, fund managers had infused close to Rs 41,000 crore in stock markets — the first net inflow in six years. Prior to that, they had pulled out over Rs 14,000 crore. "The equity market has overall been more volatile in 2016-17 than 2015-16 with a lot more negative sentiment. Investors may have seen the volatility of the year as a positive to average out costs," said Srikanth Meenakshi, Chief Operating Officer (COO) at FundsIndia.Com, an investment portal for MFs. Apart from equities, fund managers invested a staggering Rs 3.14 lakh crore in debt markets. The past FY saw a surge in the number of retail investor accounts, or folios, in equity, equity-linked saving schemes and balanced categories, which grew by more than 58 lakh to 4.4 crore. According to market experts, the mutual fund industry is at a take-off stage in terms of growth and Indian investors are warming up to investments in equity as an asset class. "The positive net inflow in equities can be credited to maturity of retail investors who have come up in the 'learning curve' by contributing 1.3 crores monthly systematic investment plans (SIPs), adding more than Rs 4,000 crore per month in various top performing equity schemes," Bajaj Capital Group Director Anil Chopra said. A mutual fund pools the assets of its investors and invests the money on their behalf. It provides diverse investment instruments like stocks and bonds without requiring investors to make separate purchases and trades.

Shriram A M C - Compliance Certificate For The Period Ended March 31, 2017

Compliance Certificate for the period ended March 31, 2017

Invesco MF announces 26% div under India Contra Fund - Direct Plan

Invesco Mutual Fund has announced 26 per cent dividend under dividend payout option of scheme named as “Invesco India Contra Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is April 11. The latest NAV of the scheme is Rs 29.16. The investment objective of the open-ended scheme is to generate capital appreciation through investment in equity and equity related instruments. The scheme will seek to generate capital appreciation through means of contrarian investing. The performance of the scheme is benchmarked against S&P BSE 500. Taher Badshah is the fund manager of the scheme.

Birla Sun Life Mutual Fund declares 0.02% dividend

Birla Sun Life Mutual Fund has announced 0.0216 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 4. The latest NAV of the scheme is Rs 163.69. The investment objective of the open-ended liquid scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Div declared for Tata Money Market Fund - Regular Plan

Tata Mutual Fund has announced 0.0142 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was April 5. The latest NAV of the scheme is Rs 1,001.52. The investment objective of the open-ended scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.08% div announced under Tata Money Market Fund - Retail Plan

Tata Mutual Fund has announced 0.0892 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Retail Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was April 04. The latest NAV of the scheme is Rs 1,015.21. The investment objective of the open-ended scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Div declared for Kotak Liquid - Plan A - Direct Plan

Kotak Mahindra Mutual Fund has announced 0.1025 per cent dividend under dividend payout option of scheme named as “Kotak Liquid - Plan A - Direct Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was April 04. The latest NAV of the scheme is Rs 1,005.67. The investment objective of the open-ended scheme is to provide reasonable returns and high level of liquidity by investing in debt and money market instruments, of different maturities so as to spread the risk across different kinds of issuers in the debt markets. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Deepak Agrawal is the fund manager of the scheme.

Shriram A M C - Statement Of Investor Complaints For The Quarter Ended March 31, 2017

Statement of Investor Complaints for the Quarter ended March 31, 2017

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 03.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

4.5% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 4.5 per cent dividend under dividend payout option of scheme named as “Escorts High Yield Equity Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 23.69. The investment objective of the open ended equity diversified scheme is to generate growth from a portfolio substantially consisting of equity and equity related securities. The performance of the scheme was benchmarked against Nifty 100. Sanjeev Sharma is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 03. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 03. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.06% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was April 03. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

1.1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 14.72. The investment objective of the open ended debt scheme is to invest in various floating rate debt and money market instruments; fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pushpa Rai is the fund manager of the scheme.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 31. The latest NAV of the scheme is Rs 10.07. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1215 Days Plan Y” with maturity period of 1215 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on April 08. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was April 02.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was April 2. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Union MF plans to double it AUM to Rs 9,000 crore in 3-years

Union Mutual Fund, a fund house which is sponsored by state-owned lender Union Bank of India, plans to more than double its overall AUM to Rs 9,000 crore in three years time. For achievement of the goal, the fund house is relying on expanding the companys investor base and the launch of new products. The fund house is ranked 29th in terms of asset under management (AUM) at the moment, with an overall AUM at around Rs 4,000 crore. "At Union Mutual Fund (Union MF), we are looking at more than doubling the companys assets under management to around Rs 9,000 crore over three years time," Union Asset Managements chief executive G Pradeepkumar told PTI. "We will achieve the target by expanding the companys investor base and the launch of new products," he said. According to Pradeepkumar, "To cross the companys overall AUM at Rs 5,000 crore will be our immediate target which we are likely to achieve within 6 months from now." At the moment, the company has got 10 product offerings which include four products under equity category comprising one close-ended fund, one asset allocation fund and five products under fixed income with three open-ended ones and two close-ended ones. The fund house is looking at the launch of four new funds in the current fiscal. "In our bid to expand our product portfolio, we plan to launch four products in the current fiscal which include two products falling under equity category and one each from categories like fixed income and hybrid," Pradeepkumar said, adding "we are looking at the launch of one pure large cap fund under equity category." Union MF had concluded a new fund offer of a close ended scheme in February through which it had mopped up funds amounting to Rs 300 crore. Interestingly, 71 per cent of the investors of the fund were first timers. Citing the reason for the company's plan to launch a Capital Protection Fund, he said that there was a great opportunity for relatively conservative investors. In case the market goes down, your money was expected to be protected while if the market goes up, you could get 60-70 per cent of the upside. Talking about total folio count growth plan of the company, he said "we are looking at increasing total number of investors to 2 lakh, from 1.2 lakh at present, by the fiscal-end." Around 44 per cent of folios for the company comes from B-15 cities at present, which also means that more than 30 per cent of its business is coming from those cities. Apart from it, the company has got its sales presence in 48 places across the country, he said. The fund house is looking at doubling its SIP book in a years time.

Shriram A M C - Updates

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby give advance intimation that the Company will take on record and publish the Audited Financial Results for the quarter and the year ended on 31st March 2017 within sixty days from the end of the financial year i.e. on or before 30th May 2017. Hence, we will not be publishing the un-audited financial results for the quarter ended 31st March 2017

Shriram A M C - Updates

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby give advance intimation that the Company will take on record and publish the Audited Financial Results for the quarter and the year ended on 31st March 2017 within sixty days from the end of the financial year i.e. on or before 30th May 2017. Hence, we will not be publishing the un-audited financial results for the quarter ended 31st March 2017

MFs add 67 lakh folios on higher retail participation

Mutual fund houses have registered a surge of over 67 lakh investor accounts during the first 11 months of the just-ended financial year, taking the total tally to a record 5.4 crore on growing interest of retail investors. This has already topped 59 lakh folios additions made in 2015-16. In the last two years, investor accounts have increased following robust contribution from smaller towns. Folios are numbers designated to individual investor accounts, though an investor can have multiple ones. According to the data from Association of Mutual Funds in India (Amfi) on total investor accounts with 43 active fund houses, the number of folios rose to a record 5,43,87,930 at the end of February, from 4,76,63,024 in the end of March 2016, a gain of 67.25 lakh. Growing participation from retail investors, especially from smaller towns, and huge inflows in equity schemes have contributed to the upside, experts said. The equity category saw an addition of more than 40 lakh investor folios to 4 crore in April-February period of 2016-17. Mutual funds have reported a net inflow of Rs 62,151 crore in equity schemes during the period under review. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1118 Days Plan X” with maturity period of 1118 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on April 08. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 29. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 29.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 29. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

1.1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 14.70. The investment objective of the open ended debt scheme is to invest in various floating rate debt and money market instruments; fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Pushpa Rai is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1214 Days Plan V” with maturity period of 1214 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on April 03. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 26.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

JM Arbitrage Mutual Fund announces 0.8% Dividend

JM Arbitrage Mutual Fund has announced 0.8 per cent dividend under dividend payout option of scheme named as “JM Arbitrage Advantage Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 25. The latest NAV of the scheme is Rs 10.50. The investment objective of the open ended equity diversified scheme is to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and the derivatives market and through deployment of surplus cash in fixed income instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Chaitanya Choksi is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 27. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.92% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 0.92 per cent dividend under dividend payout option of scheme named as “Escorts Income Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 11.28. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

Shriram A M C - Appointment of Directors

Shriram Asset Management Company Ltd has informed BSE that Mr. Kalyanaraman Chandrachoodan and Mrs. Chandra Iyengar have been appointed as Additional Directors of the Company with effect from March 31, 2017.

Shriram A M C - Change in Directorate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that, Mr. Kalyanaraman Chandrachoodan and Mrs. Chandra Iyengar have been appointed as Additional Directors of the Company with effect from March 31, 2017.

1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 40.32. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 26. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1216 Days Plan U” with maturity period of 1216 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on March 30. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 27. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.06% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 27. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

Amfi sees equity MFs touching Rs 10 trillion in 2-yrs

The equity-linked assets portfolio of mutual funds is likely to jump to Rs 10 trillion in the next couple of years from the present Rs 6.4 trillion, a top Amfi official said according to the PTI report. The overall folio number of the industry is likely to increase to 10 crore in next two years' time, said the official of the Amfi or the Association of Mutual Funds of India that represents 43 fund houses. "At present, the total equity AUM stands at Rs 6.4 trillion which is likely to go up to Rs 10 trillion over next two years," Amfi chairman and chief executive of Birla SunLife Mutual Fund A Balasubramanian told PTI. The overall AUM of the found houses stands at around Rs 18 trillion and it is likely to cross Rs 20 trillion next fiscal, he said, adding the overall folio number is likely to nearly double to 10 crore in the next two years from the current 5.25 crore. On systemic investment plans (SIPs), he said the industry may see the SIP folios growing to 2.3 crore over the next two years from 1.3 crore now. Currently the monthly flow in SIP alone is at Rs 4,200 crore. The AUM of the fund industry soared 42 per cent year on year as of February this year to Rs 17.9 trillion from Rs 12.6 trillion, according to the data collated by the rating agency Icra. For the 11th consecutive month in February, equity funds witnessed net flows of Rs 6,462 crore this year compared to Rs 4,880 crore in the preceding month. Equity AUM rose 46.6 per cent year-on year to Rs 5.2 trillion in February this year. So far, total inflows into the category has been Rs 62,151 crore and the segment is poised to end the fiscal 2017 on a high note because of attractive valuations and investors looking for equity tax-saving options.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1225 Days Plan T” with maturity period of 1225 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on March 28. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 26. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 26. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 24. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond” on the face value of Rs 10 per unit. The record date for the dividend was March 30. The latest NAV of the scheme is Rs 39.92. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

Most equity-based MFs underperform in last 1-yr: S&P Dow Jones

In terms of returns to investors, most of the equity focused mutual funds in the country have underperformed their respective benchmark S&P BSE indices, for one year ended December 2016, says a report according to the PTI The analysis is part of S&P Dow Jones Indices' scorecard SPIVA which tracks the performance of actively managed Indian mutual funds against their benchmarks over the one-year, 3-year, 5-year and 10-year periods, as on December 31, 2016. Over the one year period, the latest SPIVA India (S&P Indices Versus Active Funds) scorecard showed that 66.29 per cent of large-cap equity funds, 64.29 per cent of ELSS (equity-linked saving schemes) and 71.11 per cent of mid/small cap equity funds have underperformed their respective benchmark indices. "Studies reveal that over the one, 3 and 5-year periods ending December 2016, only Indian ELSS funds maintained 100 per cent style consistency," Asia Index Associate Director (Global Research & Design) Akash Jain said in a statement. "Over the 10-year period, only 30.63 per cent of Indian Equity Large-Cap funds and 28.57 per cent of Indian Equity Mid-/Small-Cap funds preserved their style," Jain added. The SPIVA Scorecard also revealed that the majority of the composite bond funds underperformed S&P BSE India bond index over one year, 3-year, 5-year, and 10-year periods. Besides, most of the government bond funds underperformed S&P BSE India Government Bond Index over three, five and ten year periods. Asia Index is a 50-50 partnership between S&P Dow Jones Indices and domestic bourse BSE.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 22.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 23. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 22. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1225 Days Plan S” with maturity period of 1225 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 25 and will close on April 01. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 23. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 21. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 20. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended capital protection scheme named “ICICI Prudential Capital Protection Oriented Fund - Series XI - 1222 Days Plan E” with maturity period of 1222 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 15 and will close on March 27. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index (85 per cent) and CNX Nifty (15 per cent). Rahul Goswami, Ihab Dalwai, Vinay Sharma and Chandini Gupta will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to protect capital will be met by investing a portion of the portfolio in highest rated debt securities and money market instruments. Hence, the scheme will allocate 65 to 100 per cent of asset in Debt Instruments and money market instruments and 0 to 35 per cent of asset in Equity and Equity related instruments.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 21. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 21. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 19.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 19. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 6” with maturity period of 1201 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 21 and closed on March 23. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 20. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 20. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

SBI ETFSensex - Fixes Record Date for Dividend on Mutual Fund

SBI Mutual Fund - SBI Sensex ETF has informed BSE that the Company has fixed March 22, 2017 as the Record Date for the purpose of Dividend on Mutual Fund.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 5” with maturity period of 1295 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 17 and closed on March 27. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 17. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 17.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 19. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 19. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OK (1135 days)” with maturity period of 1135 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 16 and will close on March 22. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 16. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 16. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 15. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 15.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 14. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1227 Days Plan Q” with maturity period of 1227 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 16 and will close on March 20. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 14.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 15. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 15. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 14. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.08% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.08 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Retail Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 14. The latest NAV of the scheme is Rs 1015.09. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1231 Days Plan P” with maturity period of 1231 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 13 and will close on March 16. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 13. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 14. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 09. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.06% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 10.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1138 Days Plan R” with maturity period of 1138 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 13 and will close on March 24. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

L&T Mutual Fund declares 0.03% Dividend

L&T Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 13. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 13. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OJ (1136 days)” with maturity period of 1136 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 14 and will close on March 21. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 08. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.003% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.003 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 08. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 09. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was Mach 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Equity MF inflow at Rs 6,500 cr in Feb; Rs 62k cr in 11 months

Equity mutual funds saw an inflow of close to Rs 6,500 crore in February, taking the total tally to over Rs 62,000 crore by "optimistic" investors in the first 11 months of the current fiscal. This also marks the 11th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March. "Healthy SIP (systematic investment plans) book continues to support fresh inflows in equity segment of mutual funds despite a quarter of volatile markets," Bajaj Capital National Head, Mutual Funds, Anjaneya Gautam said. "Traditionally, ELSS collections increase in peak tax savings period of January to March every year. Besides, investors are confident about long-term savings through equity investments," he added. Mutual funds have been witnessing a trend of increasing fresh investments through the route of SIP, balance and other equity funds, and it is expected to reap benefits for investors, Gautam said. SIP is an investment plan offered by mutual funds in which one could invest a fixed amount in a scheme periodically at fixed intervals, say, once a month instead of making a lumpsum investment. It is similar to a recurring deposit where you deposit a fixed amount every month. According to data from the Association of Mutual Funds in India (Amfi), equity funds, which include equity-linked saving schemes (ELSS), registered a net inflow of Rs 6,462 crore in February against Rs 4,880 crore in the preceding month. With the latest inflow, total mobilisation in equity schemes has reached Rs 62,151 crore in April-February of the current financial year. The robust inflow has pushed up assets under management (AUM) of equity MFs to Rs 4.96 lakh crore at the end of February, from Rs 3.86 lakh crore at March-end. Further, asset base of 43-firm mutual fund industry rose to an all-time high of Rs 17.89 lakh crore at February-end. Growing participation from retail investors and huge inflow in equity schemes have also helped increase the folio count. Equity mutual funds witnessed an addition of around 41 lakh investor accounts, or folios, in the current fiscal so far. Going forward, the ELSS category will see higher inflows during February and March 2017 because investors will be looking forward to tax-saving options. ELSS, with attractive market valuations, is making a strong case for fresh investments. Mutual funds are investment vehicles made up of a pool of funds collected from a number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OI (1120 days)” with maturity period of 1120 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 09 and will close on March 15. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.007% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.007 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 07. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 07.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 07. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 07. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 06.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 3” with maturity period of 1215 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 07 and closed on March 09. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

1.1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 14.83. The investment objective of the open ended debt floaters scheme is to invest in various floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anuj Jain is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 06. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 06. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

UTI MF launches open ended debt scheme for women

The UTI Mutual Fund said it has launched an open-ended debt oriented scheme Smart Woman Savings Plan for lady investors, said the media reports. The objective of the scheme is to invest in a portfolio of equity/equity related securities and debt and money market instruments with a view to generate reasonable income with moderate capital appreciation, a company statement said. The scheme is available for women investors above the age of 18. The scheme provides a unique investment opportunity to invest for themselves or an adult person can invest as an alternate applicant for the benefit of a mentally handicapped adult female, it added according to the PTI. The scheme encourages disciplined systematic investment over one's working life and facilitates in periodic withdrawal thus enabling regular cash flow for women investors. The scheme also enables conservative female investors to invest small proportion into equity with moderate risk. The scheme provides a steady asset allocation route for debt and equity exposure from a long term perspective. The debt portfolio brings in a stability factor while equity provides a scope for growth.

Reliance Mutual Fund launches New Close Ended Scheme

Reliance Mutual Fund has launched a new close ended income scheme named “Reliance Fixed Horizon Fund XXXIII- Series 2” with maturity period of 1314 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 02 and closed on March 09. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil Composite Bond Fund Index. Amit Tripathi will be the fund manager of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate returns and growth of capital will be met by investing in a diversified portfolio of securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. Hence, the scheme will allocate 90 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 10 per cent of asset in Money Market Instruments.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 03. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 05. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

1.1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “Escorts Short Term Debt Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 14.82. The investment objective of the open ended debt floaters scheme is to invest in various floating rate debt and money market instruments, fixed rate debt and money market instruments swapped for floating rate returns and fixed rate debt instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anuj Jain is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 05.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

MF industry likely to double investor base in next 3-years

Mutual fund industry is likely to double its investor base and register growth in next three years, a top official of a leading mutual fund house said according to the PTI report. The industry is betting big on investor awareness initiatives like Mutual Fund Day to achieve the goal. The MF industry has seen a moderate growth in investor folios-from 4.7 crore to 5.3 crore in last five years-while retail participation has shown a healthy growth with overall MF AUM touching Rs 18 trillion at present from Rs 3.5 trillion in 2007. The Mutual Fund Day initiative, launched by Reliance Mutual Fund, is amongst the biggest investor awareness initiatives to encourage investments in mutual funds. As per industry estimates, less than 3 per cent of the country's population invests in mutual funds. "Markets are at an all-time high as MF AUM are at Rs 18 trillion and equity returns have multiplied the portfolio 28 times in past 20 years, proving to be a sound investment option for investors," Reliance Mutual Fund executive director and chief executive, Sundeep Sikka told PTI. "However, the growth in MF folios has been muted at around 2 per cent CAGR in last 5 years. We see this increasing aggressively through industry initiatives like Mutual Fund Day," he said. He was speaking on the sidelines of launch of the Mutual Fund Day initiative that encourages investors to mark 7th of every month as a date for making investments in mutual funds. He said that the industry may see the investor base doubling in next three years. "We expect the investor base to double in next three years with such initiatives," Sikka said. According to Sikka, the industry will cross Rs 20 trillion in AUM well in advance. "With recent policy changes and the revived investor interest in the MF sector, the industry will cross the Rs 20 trillion in AUM faster than expected," he said. Currently the MF industry is getting Rs 4,000 crore every month only from SIPs, and we see this number rising significantly in future, he said.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 05. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 05. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

15% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “Escorts Balanced Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 16.69. The investment objective of the open ended equity scheme is to provide long term capital appreciation and current income with a mix of fixed income securities and equity instruments. The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Archit Singhal is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1238 Days Plan M” with maturity period of 1238 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 01 and will close on March 07. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was March 03.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Reliance MF files draft offer for further CPSE-ETF issuance

Reliance Mutual Fund has filed draft offer documents with capital markets watchdog Sebi to garner funds for the government through a fresh tranche of the CPSE Exchange Traded Fund, reported PTI. CPSE ETF, which functions like a mutual fund scheme, comprises scrips of 10 PSUs - ONGC, Coal India, IOC, GAIL (India), Oil India, PFC, Bharat Electronics, REC, Engineers India and Container Corporation of India. The fund-raising will help the government inch towards Rs 56,500-crore disinvestment target for the current fiscal. As per draft documents filed with the Securities and Exchange Board of India (Sebi), Reliance MF has applied for the second FFO (Further Fund offer) of the Central Public Sector Enterprises, Exchange Traded Fund or CPSE ETF. The government had raised Rs 6,000 crore through the first FFO of the CPSE ETF in January. The government had launched the CPSE ETF in March 2014 under which retail investors could invest a minimum of Rs 5,000 to buy units. CPSE ETF was originally managed by Goldman Sachs MF, which was acquired by Reliance MF in October 2015. Finance Ministry, in September, had given its nod for the transfer of management of CPSE ETF to Reliance Mutual Fund. Apart from the existing CPSE ETF, the government is planning to create a new ETF comprising stocks of PSUs. It has already appointed ICICI Prudential Mutual Fund to manage the second CPSE ETF. As per the draft prospectus, the government intends to sell further CPSE shares to the CPSE ETG scheme and the fund house has therefore formulated the second FFO, which would be offered to the public for subscription. As in the earlier FFO, it has proposed that the fund, out of the proceeds of the second FFO, would purchase the CPSE shares as represented in the constituent companies of the Nifty CPSE Index in similar composition and weightages as they appear in the Nifty CPSE Index. The government will sell the shares at a discounted rate to the scheme for the benefit of the unit holders and the Mutual Fund will in turn create and allot the units. After closing of the second FFO, the units will be listed on the stock exchanges in the form of an ETF tracking the Nifty CPSE Index.

Birla Sun Life launches Resurgent India Fund-Series 3

Birla Sun Life Asset Management Company today said it has launched Resurgent India Fund-Series 3, a close-ended equity scheme with tenure of 3.5 years from and including the date of allotment. The company is part of the Aditya Birla Financial Services Group (ABFSG) and investment manager for Birla Sun Life Mutual Fund (BSLMF). The new fund offer (NFO), which opened for subscription from February 23, closes on March 9 with price of units of the scheme at face value of Rs 10 per unit. "Our NFO looks to provide investors a good opportunity to benefit from companies which stand to appreciate in the long run, and gain from the turnaround in the Indian economy over the 3.5-year horizon," Birla Sun Life Asset Management Company chief executive A Balasubramanian said. "As the Indian economy surges to new heights, the government is working towards building a strong financial foundation through economic and administration reforms. We see this driving a new trend in the economy-a shift from the unorganised to the organised sector," he said. "Reforms such as demonetisation, digitisation, and the implementation of GST will add a strong tailwind for serious gains by companies in the organised sector," he added. The fund aims to generate capital appreciation by investing primarily in equity and equity-related securities that are likely to benefit from recovery in the Indian economy. The scheme will allocate around 80-100 per cent of assets in equity and equity related securities, and 0-20 per cent in money market and debt instruments, the company release said. As part of the investment strategy, scheme will book profits at opportune moments to take advantage of the volatility in the market. The scheme may also invest a small portion of its corpus in fixed income securities including money market instruments to manage its liquidity requirements, it added. The scheme will have regular plan and direct plan with a common portfolio and separate NAVs. Each of the regular and direct plan under the scheme will have growth option, and dividend option with payout and sweep facility.

MF managers invest over Rs 2,000 cr in stocks in Feb

Mutual fund managers purchased stocks worth a little over Rs 2,000 crore in February — making it the seventh straight month of positive inflow in equities — on sustained participation by retail investors. Fund managers have been investing aggressively in money in the stock market since August 2016 due to a sharp plunge in equities and pumped in Rs 46,000 crore during the period. Generally, fund managers step up their buying trend whenever equity markets undergo a sharp correction. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as opportunity," Head of Mutual Fund Research FundsIndia.Com Vidya Bala said. "In other words, retail investors have reposed faith (in stock markets). Traditionally, domestic investors have been net buyers when FPIs have sold and the same phenomenon is playing out now," she added. According to the data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 2,040 crore last month. It followed an inflow of Rs 5,234 crore in January, Rs 9,179 crore in December, Rs 13,775 crore in November, Rs 9,129 crore in October, Rs 3,841 crore in September and Rs 2,717 crore in August. Prior to that, fund managers had pulled out Rs 34 crore from the stock markets in July. Apart from equities, fund managers invested Rs 38,830 crore in the debt markets last month. A mutual fund is an investment vehicle with a pool of funds collected from various investors to buy stocks, bonds, money market instruments and similar assets.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 02. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 40. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 02. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 02. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named “ICICI Prudential Fixed Maturity Plan- Series 80 - 1150 Days Plan N” with maturity period of 1150 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 02 and will close on March 13. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Cumulative and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Rahul Goswami and Rohan Maru will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

Shriram A M C - Change in Directorate

Appointment of Director

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

1% Div announced by Escorts Mutual Fund

Escorts Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Escorts Income Bond” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 39.61. The investment objective of the open ended debt scheme is to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of fixed income securities with moderate risk. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Anuj Jain is the fund manager of the scheme.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OH (1120 days)” with maturity period of 1120 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on March 02 and will close on March 08. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

8% Div announced by Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund has announced 8% per cent dividend under dividend payout option of scheme named as “Kotak Opportunities Fund - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend was 1st March. The latest NAV of the scheme is Rs 25.33. The investment objective of the open ended equity diversified scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments. The performance of the scheme was benchmarked against Nifty 500. Harsha Upadhyaya is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was March 01. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

UTI plans to augment Rs 1,000-cr from Private Debt Fund

UTI Asset Management Company (UTI AMC) is looking at mopping up Rs 1,000 crore from the just launched Private Debt Fund within the first year itself, reported PTI. The fund house is looking at financing corporates who need short term capital, with the newly floated fund. "We are looking at mopping up around Rs 1,000 crore within the first year of Private Debt Fund," UTI AMC managing director Leo Puri told PTI. "Through this fund, we will be targeting those well regarded corporates with good track record, especially those who need short-duration funds of one to three years," he added. Even though some of the fund houses like HDFC and ICICI Prudential are active in this space, they are restricted to real estate only. According to Puri, with the new fund, they are eyeing higher yields of over the existing ones which offer 9 per cent returns. The Private Debt Fund from UTI AMC is aimed at augmenting its portfolio of alternative investment offerings. The sixth largest fund house appointed Rohit Gulati as the managing partner, while Shaurya Arora is roped in a partner and Sumit Khandelwal as the principal. The team will strive to establish Private Debt Fund to exploit several credit arbitrage opportunities.

Kotak Sensex ETF - Fixes Record Date for Dividend on Mutual Fund

KOTAK SENSEX ETF has informed BSE that the Company has fixed March 10, 2017 as the Record Date for the purpose of Dividend on Mutual Fund.

Kotak Nifty ETF - Fixes Record Date for Dividend on Mutual Fund

Kotak Mahindra Mutual Fund - Kotak Nifty ETF has informed BSE that the Company has fixed March 10, 2017 as the Record Date for the purpose of Dividend on Mutual Fund.

Birla Sun Life Mutual Fund launches new close ended scheme

Birla Sun Life Mutual Fund has launched a new close ended income scheme named “Birla Sun Life Fixed Term Plan – Series OF (1151 days)” with maturity period of 1151 days from and including the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on February 22 and will close on March 06. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index. Mohit Sharma will be the fund manager of this scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income will be met by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. Hence, the scheme will allocate 80 to 100 per cent of asset in Debt Securities including Government Securities and 0 to 20 per cent of asset in Money Market Instruments.

Axis Mutual Fund announces 0.5% Dividend

Axis Mutual Fund has announced 0.5 per cent dividend under dividend payout option of scheme named as “Axis Enhanced Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 10.48. The investment objective of the open ended equity hybrid scheme is to generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Devang Shah is the fund manager of the scheme.

0.09% Div announced by Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund has announced 0.09 per cent dividend under dividend payout option of scheme named as “Kotak Liquid - Plan A - Direct Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 1005.49. The investment objective of the open ended liquid fund scheme is to provide reasonable returns and high level of liquidity by investing in debt and money market instruments, of different maturities so as to spread the risk across different kinds of issuers in the debt markets. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Deepak Agrawal is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 27. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 28. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 27.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 27. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 27. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 26.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.06% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 27. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 26. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

IDFC MF announces 14.8% div under Tax Advantage (ELSS) Fund - DP

IDFC Mutual Fund has announced 14.8 per cent dividend under dividend payout option of scheme named as “IDFC Tax Advantage (ELSS) Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 18.79. The investment objective of the open ended scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities. The scheme will invest in well-managed growth companies that are available at a reasonable value and offer a high return growth potential. The performance of the scheme is benchmarked against S&P BSE 200. Aniruddha Naha is the fund manager of the scheme.

Div declared for UTI Mid Cap Fund - Direct Plan

UTI Mutual Fund has announced 25 per cent dividend under dividend payout option of scheme named as “UTI Mid Cap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 54.96. The investment objective of the open-ended equity fund is to provide capital appreciation by investing primarily in mid cap stocks. The performance of the scheme is benchmarked against Nifty Midcap 100. Lalit Nambiar is the fund manager of the scheme.

92% div announced under SBI Magnum Multiplier Fund - DP

SBI Mutual Fund has announced 92 per cent dividend under dividend payout option of scheme named as “SBI Magnum Multiplier Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 27. The latest NAV of the scheme is Rs 114.71. The investment objective of the open-ended scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme. The scheme will invest in a diversified portfolio of equities of high growth companies. The performance of the scheme is benchmarked against S&P BSE 200. Saurabh Pant is the fund manager of the scheme.

Div declared for Tata Money Market Fund - Regular Plan

Tata Mutual Fund has announced 0.014 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 23. The latest NAV of the scheme is Rs 1,001.52. The investment objective of the open-ended scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

Birla Sun Life MF announces 1.7% div under Balanced Advantage Fund

Birla Sun Life Mutual Fund has announced 1.7 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Balanced Advantage Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 23. The latest NAV of the scheme is Rs 21.83. The investment objective of the open-ended scheme is to generate long-term capital appreciation and current income from a portfolio of equity and fixed income securities. This scheme will, under normal market conditions, invest approximately 65 per cent of its net assets in equity and equity-related instruments with the balance 35 per cent being invested in fixed income securities, money market instruments, cash and cash equivalents though these percentages may vary. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Vineet Maloo is the fund manager of the scheme.

MFs' exposure to bank stocks hit record Rs 1.16 lakh cr in Jan

Mutual funds' allocation for bank stocks hit a record high of Rs 1.16 lakh crore in end-January, primarily on account of cheaper valuations. In comparison, fund managers had allocated Rs 78,644 crore for bank shares in the year-ago period. "We could be getting close to the bottom of the NPAs (non-performing assets) cycle, valuations were not that expensive, hence funds could have preferred buying into the sector," Quantum Mutual Fund Associate Fund Manager Equity Nilesh Shetty said. In percentage terms, exposure to banking stocks was at 20.91 per cent of equity assets under management last month as against 20.84 per cent in December-end. Overall, deployment of equity funds in bank stocks stood at Rs 1,16,002 crore at the end of January, compared with Rs 1,06,203 crore in the preceding month, as per the latest data available from the Securities and Exchange Board of India (Sebi). Fund managers have been increasing their allocation to banking stocks for quite some time due to an ongoing clean-up exercise of the Indian banking system initiated by the RBI by keeping a tab on the NPAs. Banking continues to be the most preferred sector with fund managers as they cannot afford to take a bearish call on the banking stocks, given the high weightage attached to the index. After banks, IT was the second-most preferred sector with fund mangers. Equity fund managers' deployment to software stocks was at Rs 43,186 crore, followed by finance (Rs 40,818 crore), pharma (Rs 38,847 crore) and auto (Rs 37,988 crore). Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. They invest in stocks, bonds, money market instruments and similar assets.

Kotak Mahindra Mutual Fund declares 5% dividend

Kotak Mahindra Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Kotak Infrastructure & Economic Reform Fund - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 17.57. The investment objective of the open-ended scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly (at least 65 per cent) equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms. The performance of the scheme is benchmarked against S&P BSE 100. Harish Krishnan is the fund manager of the scheme.

Div declared for DSP BlackRock Tiger Fund

DSP BlackRock Mutual Fund has announced 17 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Tiger Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 18.75. The investment objective of the open-ended diversified equity scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of corporates, which could benefit from structural changes brought about by continuing liberalization in economic policies by the Government and/or from continuing investments infrastructure, both by the public and private sector. The performance of the scheme is benchmarked against S&P BSE 100. Rohit Singhania is the fund manager of the scheme.

Div declared for HDFC Growth Fund - Direct Plan

HDFC Mutual Fund has announced 30 per cent dividend under dividend payout option of scheme named as “HDFC Growth Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 32.52. The investment objective of the open-ended scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. The performance of the scheme is benchmarked against S&P BSE Sensex. Srinivas Rao Ravuri is the fund manager of the scheme.

SBI MF announces 87% div under Magnum Multiplier Fund - DP

SBI Mutual Fund has announced 87 per cent dividend under dividend payout option of scheme named as “SBI Magnum Multiplier Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 23. The latest NAV of the scheme is Rs 114.66. The investment objective of the open-ended scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme. The scheme will invest in a diversified portfolio of equities of high growth companies. The performance of the scheme is benchmarked against S&P BSE 200. Saurabh Pant is the fund manager of the scheme.

10% div announced under LIC MF Tax Plan - Direct Plan

LIC Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “LIC MF Tax Plan - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was February 22. The latest NAV of the scheme is Rs 17.53. The investment objective of the open-ended scheme is to provide capital growth along with tax rebate and tax relief u/s 80 C to our investors through Prudent Investments in the stock market. The performance of the scheme is benchmarked against S&P BSE Sensex. Sachin Relekar is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 20. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 19. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 19.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 20. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 20. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 19. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 19. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 17.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 17. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 16. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Sebi eases norms for MF investments in derivatives

Existing mutual fund schemes will not require approval of a majority of unit holders to invest in derivatives segment provided the investors are given the exit option, Sebi said according to the PTI report. Among other conditions, the relaxation, effective immediately, would be in place only if the mutual fund scheme concerned provides the investors 30 days time to exit the scheme without any charges. It would be applicable for existing mutual funds, whose Scheme Information Documents (SIDs) do not envisage investments in derivatives. The latest decision has been taken in view of the challenges involved in seeking the consent of a majority of unit holders due to their vast geographical spread, according to the regulator. Prudent investment norms are in place for investment in derivatives by mutual funds, Sebi said. Earlier, existing mutual fund schemes were required to obtain positive consent from a majority of the unit holders before commencing investment in derivatives. "It has been decided that for introduction of derivative investments in an existing scheme, whose SIDs do not currently envisage such investments, the requirement of obtaining positive consent from majority of unit holders shall no longer be applicable," Sebi said in a circular. All investors of such schemes would be given exit option with no exit load for 30 days as against the current requirement wherein exit option is only given to dissenting unit holders. Existing schemes of mutual funds, whose SIDs do not envisage investments in derivatives, can participate in that segment provided the risks associated with such participation would be disclosed and explained by suitable numerical examples to the unit holders. In addition, the extent and the manner of the proposed participation in derivatives should be disclosed to the unit holders. The scheme would have to comply with the provisions of mutual funds regulations and all unit holders would be given at least 30 days to exercise option to exit at prevailing NAV (net asset value) without charging any exit load.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 15. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 16. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 16. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 15.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 16. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

MF industry bets big on SIP to hit Rs 20-trillion AUM mark

Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year, reported PTI. While some of the fund houses see the growth in SIP coming from B-15 cities, few others said their SIPs are doing very well and hence they are confident of the industry achieving the Rs 20 trillion mark by the year-end. The AUM reached Rs 17.4 trillion in January, expanding 36.4 per cent from Rs 12.7 trillion a year ago, according to data from the Association of Mutual Funds in India (AMFI). DHFL Pramerica Mutual Fund, with Rs 27,000 crore AUM currently, said its SIP was growing by 35-40 per cent over past nine months. "We have seen our SIP book growing by 35-40 per cent over the past nine months and we have seen lots of participation from B-15 cities," DHFL Pramerica Mutual Fund Chief Executive Suresh Soni said on the sidelines of an event over the last weekend here. Commenting on the industry nearing the Rs 20-trillion mark, he said opportunities available before the sector are very encouraging. According to Soni, after demonetisation, the overall addressable pool of money has gone up remarkably. "We can access the money stashed in banks. Some of it could come to the MF industry. Secondly, the money flow to the industry post -noteban was mature one and hence good for the industry." Edelweiss Mutual Fund is betting high on its SIP, pre- paid SIP in particular, to drive the growth. The fund house, having AUM of Rs 7,000 crore, is ranked 25th at present. "We are looking for achieving Rs 20,000 crore of AUM over the next 2-3 years and for this we are betting on SIP and pre-paid SIP in particular among other factors," Edelweiss AMC chief Executive Radhika Gupta said. Pre-paid SIP allows an investor to take advantage of the market falls, a facility not available under regular SIP. Commenting on the industry's ambition to cross the Rs 20 trillion mark by the year-end, she said, "At a time when the mutual fund industry penetration was merely 3-4 per cent, there will be no surprises if we make it to Rs 20 trillion level by the year-end." DSP BlackRock Investment Managers has decided to temporarily suspend, from February 20, all fresh transactions in its open-ended diversified equity scheme Micro Cap Fund. The reason cited by the company for suspension of fresh inflows is that there is a possibility large inflows into the scheme may prove detrimental to the interest of existing unit holders.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 14. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 15. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 14.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 15. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 15. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 14. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 14. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 13.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 14. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 13. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 12. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 12.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

30.5% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 30.5 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was February 08. The latest NAV of the scheme is Rs 50.33. The investment objective of the open ended equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme was benchmarked against S&P BSE Sensex. Sonam Udasi is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 13. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 13. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

DSP BlackRock MF restricts fresh flow to Microcap Fund

DSP BlackRock Mutual Fund said it has decided to curb fresh inflows into its Microcap Fund, an open ended diversified equity growth scheme, after February 17, reported PTI. In a public notice, the fund house said that subscription, systematic investment plan (SIP), systematic transfer plan (STP) received from investors in DSP BlackRock Microcap Fund "post the cut-off timing of February 17, shall not be accepted". This would continue till further notice. The step has been taken as there is a "possibility that further larger inflows into the scheme may prove detrimental to the interest of the existing unit holders". This is not the first time when inflows have been reportedly restricted by DSP BlackRock in its Microcap Fund. Earlier in August last year, a sum of Rs 1 lakh was restricted per person. Prior to that, in September 2014, it had put a restriction of Rs 2 lakh for daily lump sum subscription. DSP BlackRock Mutual Fund is a joint venture between DSP Group, a more than 150-year old Indian financial firm and BlackRock, the largest investment management company in the world.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 12. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 12. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 10.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

63% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 63 per cent dividend under dividend payout option of scheme named as “Tata Balanced Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was February 09. The latest NAV of the scheme is Rs 74.93. The investment objective of the open ended equity hybrid scheme is to provide income distribution and/or medium to long term capital gains while at all times emphasizing the importance of capital appreciation. The performance of the scheme was benchmarked against Crisil Balanced Fund Index. Akhil Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 09. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

MFs folio count climbs 62 lakh in Apr-Jan to record 5.4 cr

Driven by strong participation from retail investors, mutual fund (MF) houses have registered an addition of around 62 lakh investor accounts in the first 10 months of the current fiscal, taking the total tally to 5.4 crore, reported PTI. This follows addition of 59 lakh folios in 2015-16 and 22 lakh in 2014-15. In the last two years, numbers of investor accounts have increased following robust contribution from smaller towns. Folios are numbers designated to individual investor accounts though one investor can have multiple ones. According to the data from Securities and Exchange Board of India (Sebi) total investor accounts with 43 active fund houses, the number of folios rose to a record 53,781,503 at the end of last month, from 47,663,024 in March-end 2016, a gain of 61.8 lakh. Retail participation, which continued its momentum from 2015, has shown remarkable resilience to market volatility in the current fiscal year. Besides, huge inflows in equity schemes have contributed to the upside, as per market experts. Retail investor accounts -- defined by folios in equity, equity-linked saving schemes (ELSS) and balanced categories -- grew by 43.56 lakh to more than 4.3 crore. Overall, mutual funds have seen an infusion of Rs 3.67 lakh crore, while equity and ELSS alone attracted an impressive inflow of around Rs 55,689 crore. The huge inflow has helped in increasing assets under management (AUM) of the industry to an all time high of Rs 17.37 lakh crore at the end of January this year, from Rs 12.33 lakh crore at March-end 2016. A mutual fund pools the assets of its investors and invests the money on behalf of them. It provides diverse investment instruments like stocks and bonds without requiring investors to make separate purchases and trades.

Equity MF inflow at Rs 4,900 cr in Jan; Rs 55,700 cr in FY17

Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 financial year, said the media report. This also marks the 10th straight month of inflows into equity schemes. Prior to that, such funds had witnessed a pullout of Rs 1,370 crore in March. "Healthy SIP (systematic investment plans) book continues to support fresh inflows in equity segment of mutual funds, despite a quarter of volatile markets," Bajaj Capital National Head Mutual Funds Anjaneya Gautam said. "Traditionally, ELSS collections increase in peak tax savings period of January to March every year. But net inflows in ELSS in January 2017 are much higher than last 3-4 years, about Rs 1,166 crore fresh addition. It shows the confidence of investors in long-term savings through equity investments," he added. Mutual funds have been witnessing a trend of increasing fresh investments through the route of SIP, balance Funds, other equity funds, and it is expected to reap benefits to the investors, Gautam said. SIP is an investment vehicle that allows investors to invest in small amounts periodically instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly. According to data from Association of Mutual Funds in India (Amfi), equity funds, which also include equity-linked saving schemes (ELSS), registered a net inflow of Rs 4,880 crore in January against Rs 10,103 crore in the preceding month. With the latest inflow, total mobilisation in equity schemes has reached to Rs 55,689 crore in April-January period of the current financial year. The robust inflow has pushed up assets under management (AUM) of equity MFs to Rs 4.97 lakh crore at the end of January, from Rs 3.86 lakh crore in March-end. Growing participation from retail investors and huge inflow in equity schemes have also helped increase the folio count. Equity mutual funds witnessed an addition of 35.65 lakh investor accounts or folios in the current financial so far. Going forward, ELSS category will see higher inflows during February and March 2017 because investors will be looking forward to tax-saving options. ELSS, with attractive market valuations, is making a strong case for fresh investments.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 08. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

10.6% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 10.6 per cent dividend under dividend payout option of scheme named as “Tata Equity P/E Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was February 08. The latest NAV of the scheme is Rs 53.56. The investment objective of the open ended equity diversified scheme is to provide reasonable and regular income along with possible capital appreciation to its unitholder. The performance of the scheme was benchmarked against S&P BSE Sensex. Sonam Udasi is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 09. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 08.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.08% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 0.08 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Retail Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 07. The latest NAV of the scheme is Rs 1015.19. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.0 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 07.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 08. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 08. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 07. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

MFs see Rs 54,000 cr inflow in Jan; Rs 3.67 lakh cr in FY'17

Investors have pumped in nearly Rs 54,000 crore into various mutual fund schemes in January, with liquid, income and equity funds attracting the most of the inflows, reported PTI. With this, total inflows has reached Rs 3.67 lakh crore in the first ten months of the current fiscal (2016-17). In comparison, Rs 1.84 lakh crore was invested in various mutual fund products during April-January period of 2015-16. "Investors may have seen the volatility of the current fiscal as a positive to average out costs. Retail investors also appear to have become savvier, using liquid schemes to either earn higher returns or to run Systematic Transfer Plan (STPs) into equity funds to average costs," said Srikanth Meenakshi, the COO of Fundsindia.Com, an investment portal for mutual funds. "Apart from equity, inflows into debt funds have risen. Deposit rates have been falling, resulting in lower returns for investors. Falling rates help debt fund returns as yields instruments rally, which could have additionally helped draw in investors," Srikanth added. According to the data by the Association of Mutual Funds in India (Amfi), a net sum of Rs 53,817 crore has been invested in mutual funds in the month of January. The latest inflows have been mainly driven by contribution from liquid, income and equity funds. Liquid or money market fund category attracted Rs 28,588 crore in January, while income funds saw net inflows of Rs 10,541 crore. Equity and equity-linked schemes saw inflows of around Rs 4,880 crore. Liquid and money market funds invest mainly in money market instruments like commercial papers, treasury bills, term deposits and have a lower maturity period and do not have any lock-in period. An income fund emphasises on current income, either on a monthly or quarterly basis, as opposed to capital appreciation. Such funds usually hold a variety of government, municipal and corporate debt obligations, preferred stock and dividend-paying stocks. Total assets under management (AUM) of all the active 43 active fund houses soared to a record Rs 17.37 lakh crore at the end of January this year, from Rs 16.46 lakh crore at December-end 2016.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 07. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 07. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 06.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 07. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 06. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 06. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 05.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 06. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 05. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 06. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

Mutual funds asset rises to all-time high of Rs 17.37 lakh cr in Jan

Mutual fund industry's asset base rose to all-time high of Rs 17.37 lakh crore at the end of January primarily on account of strong inflows in equity, income and money market segments, reported PTI. The industry, comprising 43 active players, had an average assets under management (AUM) of over Rs 16.46 lakh crore at December-end, the latest data of the Association of Mutual Funds in India (AMFI) showed. Industry experts attributed the monthly rise in asset base to inflows in income and equity categories. Besides, buoyant investor sentiment and phenomenal growth in systematic investment plans (SIPs) also helped in the growth of assets under management, they added. The industry AUM had crossed Rs 10 lakh crore in May 2014, and it is expected to reach Rs 20 lakh crore this year. "The asset under management of the mutual fund industry is quite likely to cross the Rs 20 lakh crore mark in 2017," Quantum Mutual Fund Chief Executive Jimmy Patel said as per the PTI report. Overall inflow in mutual fund schemes stood at Rs 53,817 crore at the end of January compared with an inflow of Rs 10,923 crore at December-end. Of this, income funds, which invest in a combination of government securities saw Rs 28,588 crore coming in while liquid funds or money market category, invest in cash assets such as treasury bills, certificates of deposit and commercial paper for short investment horizon, witnessed an infusion of Rs 10,541 crore. Further, equity and equity-linked saving schemes saw an infusion of Rs 4,880 crore. However, gilt and gold exchange-traded funds (ETFs) witnessed a pull out of Rs 212 crore and Rs 35 crore, respectively during the period under review. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. The funds are invested in stocks, bonds and money market instruments, among others

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 05. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 03.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 02. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 03. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 05. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

Mutual funds invest Rs 5,234 cr in stocks in January

Mutual fund managers purchased stocks worth Rs 5,234 crore on net basis in January -- making it the sixth straight monthly inflow -- after retail investors continued to put money in equity schemes. Besides, fund managers pumped in over Rs 31,000 crore in the debt market last month. According to the data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 5,234 crore last month. It followed an inflow of Rs 9,179 crore in December, Rs 13,775 crore in November, Rs 9,129 crore in October, Rs 3,841 crore in September and Rs 2,717 crore in August. Prior to that, fund managers had pulled out Rs 34 crore from the stock markets in July. Fund managers have been putting in money in the stock market since August last year due to a sharp plunge in equities. They had pumped in over Rs 43,000 crore in stock markets during the period. Generally, fund managers step up their buying whenever equity markets undergo a sharp correction. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as an opportunity," said Vidya Bala Mutual Fund Research Head at FundsIndia.Com. "In other words, retail investors have reposed faith. Traditionally too, domestic investors have been net buyers when FPIs have sold and the same phenomenon is playing out now," she added. A mutual fund is an investment vehicle with a pool of funds collected from various investors to buy stocks, bonds, money market instruments and similar assets.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 02. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 01.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 02. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 02. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was February 01. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

MFs file papers with Sebi for 12 new offerings so far in 2017

With mutual funds gaining traction among retail investors, asset management companies have filed draft offer documents with market regulator Sebi for as many as 12 new schemes since the beginning of this year, reported PTI. Equity, debt and fixed maturity plans (FMPs) are some of the themes for which the MF houses have filed the applications. Fund houses from Sundaram, Edelweiss, ICICI Prudential, Reliance, DSP BlackRock, SBI, HDFC and IDFC have filed the offer documents for new fund offers (NFOs) with the Securities and Exchange Board of India (Sebi). The schemes will be opened for subscription soon after the necessary clearance. According to market participants, fund houses are in a rush to launch new schemes, given heightened interest among retail investors and good response the recent fund launches have evoked. "In 2017, we will see more focus on retail investors who are already showing a lot of commitment and maturity," Quantum Mutual Fund Chief Executive Jimmy Patel said. He further said the government's announcement of a paperless online mechanism for registration as mutual funds will also be a boon to the sector. The proposed system is expected to make it easier for the existing and new market intermediaries to complete their registration and other regulatory filings with Sebi much faster and in a cost-effective way. Last year, close to 106 draft papers were filed with the capital market watchdog.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was February 01. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 31.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 01. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was February 01. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 31. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Axis Hybrid - S6 DP - Fixes Record Date for Redemption / Roll Over of Mutual Fund

Axis Hybrid Fund Series 6-(42-months close ended Debt Scheme) Direct Plan Dividend Payout has informed BSE that the Company has fixed February 15, 2017 as the Record Date for the purpose of Redemption / Roll Over of Mutual Fund.

Axis Hybrid - S6 - Fixes Record Date for Redemption / Roll Over of Mutual Fund

Axis Hybrid Fund Series 6 (42-months close ended Debt Scheme) Regular Plan Dividend Payout has informed BSE that the Company has fixed February 15, 2017 as the Record Date for the purpose of Redemption / Roll Over of Mutual Fund.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 31. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 30.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 31. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 30. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 31. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 30. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 29. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 30. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 30. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 29.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Shriram A M C - Standalone Financial Results, Limited Review Report for December 31, 2016

Shriram Asset Management Company Ltd has informed BSE about :

1. Standalone Financial Results for the period ended December 31, 2016

2. Standalone Limited Review for the period ended December 31, 2016

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 25. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.008% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.008 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 25. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 26. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 26. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 25.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 23. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 24. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 24. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 23.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 24. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 23. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 23. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 23. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 22.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 22. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 20. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 19. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 22. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 22. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 20.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Mutual funds park Rs 2,700 cr in stocks so far in January

Mutual funds invested nearly Rs 2,700 crore in equities this month so far on sustained participation by retail investors. Besides, fund managers have pumped in Rs 23,861 crore in the debt market during the period under review. According to the data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 2,670 crore this month (till January 18). Fund managers have been putting in money in the stock market since August last year due to a sharp plunge in equities. They had pumped in over Rs 37,000 crore in stock markets during the period. Generally, fund managers step up their buying trend whenever equity markets undergo a sharp correction. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as opportunity," Head of Mutual Fund Research FundsIndia.Com Vidya Bala said. "In other words, retail investors have reposed faith. Traditionally too, domestic investors have been net buyers when FPIs have sold and the same phenomenon is playing out now." A mutual fund is an investment vehicle with a pool of funds collected from various investors to buy stocks, bonds, money market instruments and similar assets.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 19. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 19. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 18.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 18. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.007% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.007 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 19. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

IDFC Equity OppS1 DP - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended De

IDFC Equity Opportunity- Series 1- Direct Plan- Dividend has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ICICI Pru SensexiWIN - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended De

ICICI Prudential Sensex iWIN ETF has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 18. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 17. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 18. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 18. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 17.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 17. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 17. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 16.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 17. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 16. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

Kotak Sensex ETF - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Decemb

KOTAK SENSEX ETF has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 15. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 16. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 16. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 15.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 16. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 13. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 12. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 15. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 15. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 13.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Shriram A M C - Board Meeting Intimation for Results & Closure of Trading Window

Shriram Asset Management Company Ltd has informed BSE a Meeting of the Board of Directors of the Company will be held on January 30, 2017, inter-alia, to consider, the Unaudited Financial Results for the Quarter and Nine months ended December 31, 2016.

Further, the ‘Trading Window’ as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, will be closed from January 23, 2017 to February 01, 2017 (both days inclusive).

This trading window closure will be for taking into consideration the Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2016.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 12. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 11. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 12. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 12. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 11.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Shriram A M C - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December

Shriram Asset Management Company Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Axis Hybrid - S5 - Fixes Record Date for Redemption / Roll Over of Mutual Fund

Axis Hybrid Fund Series 5 ( 42-months close ended Debt Scheme) Regular Plan Growth has informed BSE that the Company has fixed January 24, 2017 as the Record Date for the purpose of Redemption / Roll Over of Mutual Fund.

0.01% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 10. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 09. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 10. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 10. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 09.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 08. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.04% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 09. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 08.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 09. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 05. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 04. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 05. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 05. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 04.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 03. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 04. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 04. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 03.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 04. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 03. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 03. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 02.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.02% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 03. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 02. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 02. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 01.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.08% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.08 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was January 02. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was January 01. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 02. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 01. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 30.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.06% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Savings Fund” on the face value of Rs 100 per unit. The record date for the dividend is December 30. The latest NAV of the scheme is Rs 101.34. The investment objective of the open ended debt scheme is to generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return and also fixed rate instruments and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Rahul Goswami is the fund manager of the scheme.

0.03% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “IDFC Ultra Short Term Fund” on the face value of Rs 10 per unit. The record date for the dividend was December 30. The latest NAV of the scheme is Rs 10.04. The investment objective of the open ended debt short term scheme is to offer an investment avenue for short term savings by looking to generate stable returns with low risk strategy by investing in good quality debt and money market instruments such that the fund will offer a blend of liquidity with stability of returns. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anurag Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was January 01. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.36% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.36 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 74 - 1092 Days Plan P - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December 29. The latest NAV of the scheme is Rs 12.08. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Rohan Maru is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 29. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 29. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 28.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 29. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 27. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 27.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 28. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 28. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.36% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.36 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 72 - 368 Days Plan D” on the face value of Rs 10 per unit. The record date for the dividend was December 28. The latest NAV of the scheme is Rs 11.43. The investment objective of the close ended debt income scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Rohan Maru is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 26. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 27. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 27. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.03% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund V - Monthly Interval Plan A - Retail Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 26. The latest NAV of the scheme is Rs 10. The investment objective of the interval debt income scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rohan Maru is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 26.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

Div declared for Indiabulls Arbitrage Fund

Indiabulls Mutual Fund has announced 0.55 per cent dividend under dividend payout option of scheme named as “Indiabulls Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend was December 27. The latest NAV of the scheme is Rs 10.48. The investment objective of the open-ended scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Sumit Bhatnagar is the fund manager of the scheme.

DSP BlackRock MF announces 2.1% div under Balanced Fund

DSP BlackRock Mutual Fund has announced 2.1 per cent dividend under dividend payout option of scheme named as “DSP BlackRock Balanced Fund” on the face value of Rs 10 per unit. The record date for the dividend is December 28. The latest NAV of the scheme is Rs 22.70. The investment objective of the open ended balanced scheme is to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Atul Bhole is the fund manager of the scheme.

0.30% div announced under IDFC Arbitrage Fund Plan B

IDFC Mutual Fund has announced 0.30 per cent dividend under dividend payout option of scheme named as “IDFC Arbitrage Fund Plan B” on the face value of Rs 10 per unit. The record date for dividend was December 27. The latest NAV of the scheme is Rs 14.82. The investment objective of the open-ended scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Yogik Pitti is the fund manager of the scheme.

Div declared for HDFC Prudence Fund - Direct Plan

HDFC Mutual Fund has announced 3 per cent dividend under dividend payout option of scheme named as “HDFC Prudence Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 26. The latest NAV of the scheme is Rs 32.45. The investment objective of the open-ended scheme is to provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and debt investments with an aim to prevent / minimise any capital erosion. The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Prashant Jain is the fund manager of the scheme.

Reliance MF announces 1.5% div under Arbitrage Advantage Fund-DP

Reliance Mutual Fund has announced 1.5 per cent dividend under dividend payout option of scheme named as “Reliance Arbitrage Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 26. The latest NAV of the scheme is Rs 12.38. The investment objective of the open-ended scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Omprakash Kuckian is the fund manager of the scheme.

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 25. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 22. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.36% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.36 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund V - Monthly Interval Plan A - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 23. The latest NAV of the scheme is Rs 10. The investment objective of the interval debt income scheme is to generate returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the Scheme. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rohan Maru is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 23.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 25. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 22. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 21. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 21.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.01% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund II - Qtrly Interval Plan C - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 21. The latest NAV of the scheme is Rs 10. The investment objective of the interval debt income scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rohan Maru is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 22. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 21. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 21. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 20.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 20. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

1.28% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 1.28 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund II - Qtrly Interval Plan C - Retail Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 20. The latest NAV of the scheme is Rs 10. The investment objective of the interval debt income scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rohan Maru is the fund manager of the scheme.

0.10% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.10 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Liquid - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 19. The latest NAV of the scheme is Rs 118.86. The investment objective of the open ended liquid fund scheme is to generate reasonable returns from low risk investments which provide high level of liquidity. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rahul Goswami is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 19. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 20. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 20. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 19.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 19. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 19. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 18.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 18. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

1.51% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 1.51 per cent dividend under dividend payout option of scheme named as “Tata Income Plus - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 16. The latest NAV of the scheme is Rs 13.50. The investment objective of the open ended debt income scheme is to provide income/ bonus distribution and / or medium to long-term capital gains while at all times emphasising the importance of safety and capital appreciation. The performance of the scheme was benchmarked against Crisil Composite Bond Fund Index. Akhil Mittal is the fund manager of the scheme.

UTI confident of IPO in H2 of '17; to use proceeds for buyouts

UTI Mutual Fund is on course to go public with an initial share sale in the second half of the next year with a valuation of over USD 1 billion and is also looking at inorganic growth to reclaim the prime position it had enjoyed before the US 64 scheme went bust in early 2001, reported PTI. As and when the IPO happens, UTI will be first fund house to be listed in the country. The IPO will allow partial exit for the nation's oldest fund house's four sponsors - SBI, LIC, BoB and PNB - which own 18.5 per cent each in it, while the remaining 26 per cent is held by US-based investment firm T Rowe Price. "We continue to believe IPO will happen in the second half of 2017. We are awaiting Government go-ahead. Once that is in, we'll appoint merchant bankers and seek Sebi nod," UTI Managing Director Leo Puri told PTI in an interview. UTI MF was created after Parliament passed the Unit Trust of India (Transfer of Undertaking & Repeal) Act in 2002 after the flagship US 64 scheme went belly up. Post the Act, the then mighty UTI was bifurcated into Specified Undertaking of Unit Trust of India (Suuti), which owns almost 11.8 per cent in Axis Bank and UTI Asset Management Company. The Baltimore-based T Rowe Price picked up 26 per cent in UTI in November 2009 by buying 6.5 per cent stake each from the four promoters for USD 140 million. "We are yet to go in for valuation as it will be discovered by the market. But we are sure of our valuation topping USD 1 billion. But the exact valuation will be determined as we go to the market for price discovery," he said, adding the issue size will depend on our shareholders. Asked whether the company has sought the Government permission, Puri answered in the affirmative saying, "It has been pending with the Government for a long now. But now I hope that it would be coming anytime now." From its hallowed position of No 1 fund house for decades following the US 64 crisis, UTI has now fallen to a distant sixth slot. As of end-November, its overseas AUM stood at Rs 26,000 crore. By average AUM, UTI is the sixth largest with an average AUM of Rs 1,29,888 crore in September 2016. Asked whether UTI, which manages Rs 3 trillion assets including its global fund, has come out of the US 64 crisis, Puri said, "Of course. In the past two-three years we've come a long way" and that it is also looking at faster growth through acquisitions. "The MF market is at an inflection point and we are keen to utilise the opportunity for faster growth. After the IPO we will be looking at inorganic growth. In fact, we hope to utilise a good portion of the IPO proceeds to faster growth, which could be driven by acquisition," Puri said. Puri said inorganic growth model is not just limited to buying out a fund house. But it could also mean tie-ups and also acquiring a small bank or a new commercial bank. "We will use the IPO proceeds for inorganic growth. It is despite the fact that we are also looking at organic growth," he said, adding post-listing "we are open to look at acquiring some funds to fuel our inorganic growth in future." Admitting that UTI has lost on the bancassurance sales, Puri said, "We are also looking at acquiring newly- created bank or a payment/small finance bank or even an microfinance firm. We believe the future lies in an open architecture as it is good for investors. If we raise primary capital then it will used for fuelling the inorganic growth." With 1.2 crore folios (unique numbers given to MF investor), which constitute almost 23 per cent of the total in the industry, UTI is the largest player on this front. But Puri was quick to add UTI needs to improve its retail presence. "We want to be present even in small towns. We are focusing on repositioning some of our existing funds, particularly those falling under equity funds category." Hinting that the IPO will be a large one, he said "The larger the offering the better the quality of investors, better the quality of people who will examine the issue and do due diligence and better after-market as they are not worried about post-IPO liquidity as well. "On the contrary, if we a narrow offering then it will confuse investors and if I've a broad offering then it will give a strong message to the market about us." Analysts expect promoters to offload at least 26 per cent as Sebi norms don't allow a promoter to hold stake in more than one AMC. All UTI promoters have their own AMCs. Asked whether the existing investors are happy and whether he hopes they will remain invested post-issue, Puri said "Rowe Price has been a constructive partner and if we do the listing in the right way then all the investors are likely to get attractive returns on their investments. Our earlier investors made very good returns." Whether the large quantum of the issue will be secondary sales, he answered in the affirmative, saying "We may go in for secondary offer in the listing. But, we are also looking at a large primary market as well."

L&T Mutual Fund declares 0.02% Dividend

L&T Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 18. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 18. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.04% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.04 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 16.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.15% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 0.15 per cent dividend under dividend payout option of scheme named as “Tata Short Term Bond Fund - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 14. The latest NAV of the scheme is Rs 14.70. The investment objective of the open ended debt fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Akhil Mittal is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 15. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

MF folio count soars 44 lakh in Apr-Nov to record 5.2 cr

Driven by addition in equity fund folios, mutual fund (MF) houses have registered a surge of nearly 44 lakh investor accounts in the first eight months of the current fiscal, taking the total tally to 5.2 crore -- a record. This is on top of an additional 59 lakh folios in 2015-16 and 22 lakh in 2014-15. In the last two years, investor accounts increased following robust contribution from smaller towns, said the media report. Folios are numbers designated to individual investor accounts though one investor can have multiple ones. According to the data from the Association of Mutual Funds in India (Amfi) on total investor accounts with 43 active fund houses, the number of folios rose to a record 5,20,49,348 at the end of last month, from 4,76,63,024 in March-end, a gain of of 43.86 lakh. Growing participation from retail investors, especially from smaller towns, and huge inflows in equity schemes have contributed to the upside, experts said. The equity category saw an addition of over 31 lakh investor folios to 4.2 crore in April-November of the current fiscal. Mutual funds have reported a net inflow of over Rs 40,700 crore in equity schemes in the first eight months of the current fiscal. Overall, funds have seen an infusion of Rs 3.03 lakh crore. The inflow is in line with the Sensex surging over five per cent during the period under review. Mutual funds are investment vehicles made up of a pool of funds collected from a large number of investors. The funds are invested in stocks, bonds and money market instruments, among others.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 14. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.15% Div announced by Tata Mutual Fund

Tata Mutual Fund has announced 0.15 per cent dividend under dividend payout option of scheme named as “Tata Short Term Bond Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was December 14. The latest NAV of the scheme is Rs 15.10. The investment objective of the open ended debt fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Akhil Mittal is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 15. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 14.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 15. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 13.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.36% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.36 per cent dividend under dividend payout option of scheme named as “ICICI Prudential FMP S 71 - 369 Days Plan E - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December 13. The latest NAV of the scheme is Rs 11.91. The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Rohan Maru is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 13. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 14. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 14. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

HDFC RGESS S1 DP - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Septem

HDFC Rajiv Gandhi Equity Savings Scheme - Series 1-February 2013 - Direct Plan- Growth Option has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

HDFC RGESS S1 - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended September

HDFC Rajiv Gandhi Equity Savings Scheme - Series 1-February 2013 - Regular Plan - G O has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

HDFC Gold ETF - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended September

HDFC Mutual Fund - HDFC Gold Exchange Traded Fund has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

0.08% Div announced by ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund has announced 0.08 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Liquid - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 12. The latest NAV of the scheme is Rs 118.84. The investment objective of the open ended liquid fund scheme is to generate reasonable returns from low risk investments which provide high level of liquidity. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rahul Goswami is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 12. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 13. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 13. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 12.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

0.06% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.06 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 09.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund declares 0.01% Dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Interval Fund II - Qtrly Interval Plan B” on the face value of Rs 10 per unit. The record date for the dividend was December09. The latest NAV of the scheme is Rs 10. The investment objective of the interval Debt-Income scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Rohan Maru is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 12. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

L&T Mutual Fund declares 0.03% Dividend

L&T Mutual Fund has announced 0.03 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 12. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

SBI Mutual Fund launches New Close Ended Scheme

SBI Mutual Fund has launched a new close ended hybrid scheme named “SBI DUAL ADVANTAGE FUND - SERIES XVIII” with maturity period of 1211 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription on December 07 and will close on December 21. According to the offer document filed with SEBI, the entry load is not applicable and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will be also not applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5,000 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against Crisil MIP Blended Fund Index. Rajeev Radhakrishnan and Ruchit Mehta will be the fund managers of the scheme. The asset allocation of the scheme will be in such a way that the objective of the scheme to generate income and capital appreciation will be met by investing in a portfolio of fixed income securities/debt instruments and equity and equity related instruments. Hence, the scheme will allocate 55 to 95 per cent of asset in Debt Instruments, 0 to 10 per cent of asset in Money Market Instruments and 5 to 35 per cent of asset in Equity and Equity related instruments.

LIC MF, Standard Chartered team up for UPI

LIC Mutual Fund Asset Management Company has announced its readiness on Unified Payment Interface (UPI) in partnership with Standard Chartered Bank as mode of payment for its investors to invest in its schemes. This platform would help retail investors to participate actively in mutual fund investment opportunities. UPI is a payment mechanism which allows instant money transfer without bank details. Instead of bank account number and IFSC code, the virtual payment address is used to pay through the UPI. This initiative will not only transform into an electronic payment process, but also deliver operational ease and benefits. It will further lend a hand to the investors in leveraging the UPI platform in terms of interoperability and real-time money transfer making the transaction experience user-friendly and hassle free. "We are delighted to announce our readiness on UPI platform in partnership with one of the leading and forward looking bank, The Standard Chartered Bank," LIC Mutual Fund chief executive Sarojini Dikhale said. "This will enable our investors to invest in our schemes with more ease with this new platform. We are very excited with this offering which is not only industry first but also in line with our strategic vision towards Digital Transformation," she added. Out of the total assets under management of Rs 18,500 crore which LIC MF was having as on November 9, the contribution from retail AUM was at Rs 2,800 crore. According to Dikhale, the new initiative will help us achieve the projected target of increasing our company's retail to a significant level from the current level of Rs 2,800 crore in future.

L&T Mutual Fund declares 0.01% Dividend

L&T Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “L&T Liquid Fund - Daily Div Reinvestment Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 09. The latest NAV of the scheme is Rs 1011.78. The investment objective of the open ended liquid fund scheme is to generate reasonable returns while maintaining safety and providing the investor superior liquidity by investing in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Shriram Ramanathan is the fund manager of the scheme.

0.02% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 08.The latest NAV of the scheme is Rs 163.69. The investment objective of the open ended liquid fund scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaustubh Gupta is the fund manager of the scheme.

ICICI Prudential Mutual Fund announces 0.01% dividend

ICICI Prudential Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Money Market Fund - Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was December 08. The latest NAV of the scheme is Rs 100.11. The investment objective of the open ended liquid fund scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Aditya Pagaria is the fund manager of the scheme.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Tata Money Market Fund - Regular Plan” on the face value of Rs 1000 per unit. The record date for the dividend was December 11. The latest NAV of the scheme is Rs 1001.52. The investment objective of the open ended liquid fund scheme is to create a highly liquid portfolio of money market instruments so as to provide reasonable returns & high liquidity to the unitholders. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Amit Somani is the fund manager of the scheme.

0.65% Div declared by UTI Mutual Fund

UTI Mutual Fund has announced 0.65 per cent dividend under dividend payout option of scheme named as “UTI Spread Fund-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December07. The latest NAV of the scheme is Rs 16.48. The investment objective of the open ended equity diversified scheme is to provide capital appreciation and dividend distribution through arbitrage opportunities arising out of price differences between the cash and derivative market by investing predominantly in equity & equity related securities, derivatives and the balance portion in debt securities. The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Kaushik Basu is the fund manager of the scheme.

LIC MF & Standard Chartered team up for UPI

LIC Mutual Fund Asset Management Company announced its readiness on Unified Payment Interface (UPI) in partnership with Standard Chartered Bank as mode of payment for its investors to invest in its schemes, reported PTI. This platform would help retail investors to participate actively in mutual fund investment opportunities. UPI is a payment mechanism which allows instant money transfer without bank details. Instead of bank account number and IFSC code, the virtual payment address is used to pay through the UPI. This initiative will not only transform into an electronic payment process, but also deliver operational ease and benefits. It will further lend a hand to the investors in leveraging the UPI platform in terms of interoperability and real-time money transfer making the transaction experience user-friendly and hassle free. "We are delighted to announce our readiness on UPI platform in partnership with one of the leading and forward looking bank, The Standard Chartered Bank," LIC Mutual Fund chief executive Sarojini Dikhale said as per the PTI report. "This will enable our investors to invest in our schemes with more ease with this new platform. We are very excited with this offering which is not only industry first but also in line with our strategic vision towards Digital Transformation," she added. Out of the total assets under management of Rs 18,500 crore which LIC MF was having as on November 9, the contribution from retail AUM was at Rs 2,800 crore. According to Dikhale, the new initiative will help us achieve the projected target of increasing our company's retail to a significant level from the current level of Rs 2,800 crore in future. "To begin with, we will offer this solution to our existing investors through our web based online investment channel for lump-sum purchase, which will soon be extended for SIP purchase as well, for existing, new and first time investors in LIC Mutual Fund," chief technology officer and head-strategy, assets, LIC MF, Prashant Thakkar said. He added, "In the next stage, we will have a complete integration with mobile app based solutions." Through UPI, LIC MF will be able to reach out to the young millennial and facilitate them to start investing in the early stage of life. It will further facilitate to break in to a wider mobile penetration reaching out to the tier 2, 3 and 4 towns of India, which have a huge investment potential, he said

Mutual funds pump Rs 36k cr inflow in Nov

Investors pumped in over Rs 36,000 crore into various mutual fund schemes in November, with equity and debt schemes cornering the maximum inflow. With this, the total net inflow in MF schemes reached Rs 3.03 lakh crore in April-November of the current fiscal. MFs had witnessed an inflow of Rs 1.84 crore in the same period last year. According to the data from the Association of Mutual Funds in India (Amfi), investors poured in a net Rs 36,021 crore in these schemes last month as against Rs 32,334 crore in the preceding month. The latest inflow has been mainly driven by contribution from income fund or debt schemes. Besides, equity ones continued to see positive inflows. Income funds, which invest in government securities, saw an inflow of Rs 18,306 crore while equity- and equity-linked saving schemes registered an infusion of Rs 9,079 crore. Balanced funds, which invest in equity and debt instruments, saw an inflow of Rs 3,632 crore. However, gold exchange traded funds (ETFs) saw a pullout of Rs 69 crore during the period under review. Bajaj Capital Group CEO and Director Anil Chopra said net inflows in most categories are positive and much higher than in the previous months. Over Rs 19,000 crore have also flown into various debt funds on a net basis. "Demonetisation has played a major role in this buoyancy. Bank accounts of citizens are flush with liquidity as a huge amount of surplus funds has shifted from parallel economy to financial systems and equity markets have reacted negatively to demonetisation, giving a fresh set of opportunities to investors who were waiting for correction or decline in prices," Chopra said. The outlook for next month seems to be even more positive as a massive shift will be experienced when excess liquidity in savings and Jan Dhan accounts are channelised into debt and equity mutual funds, he added. Overall, the asset under management of the country's 43 active fund houses increased to a historic high of Rs 16.5 lakh crore at the end of November, from Rs 16.28 akh crore in October-end.

BSE permits 20 fund houses to offer MF units to RIA

Leading stock exchange BSE has authorised as many as 20 asset management companies to offer mutual fund units to registered investment advisors (RIA). The 20 fund houses enabled by the exchange for RIAs include Axis Mutual Fund, Birla Sun Life AMC, DSP BlackRock Mutual Fund, Edelweiss AMC, HDFC Mutual Fund, ICICI Prudential AMC and IDBI Asset Management. The other AMCs are part of