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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 IDFC, Indiabulls, India Infoline, Invesco, Kotak Mahindra, L&T, LIC MF, Motilal Oswal, Peerless, PPFAS, Reliance Nippon, Tata and UTI. As per latest Sebi data, there are 46 registered mutual funds in the country. In order to broaden the reach of the mutual fund platform, RIAs have been recently allowed to use infrastructure of the recognised stock exchanges to purchase and redeem mutual fund units directly from mutual fund/assets management companies on behalf of their clients, including direct plans. The facility, on the BSE's platform for mutual funds, had become operational from November 4. The exchange will not charge either membership or one-time processing and annual fee. Sebi, in October 2013, had allowed MF distributors to deal using the stock exchange mechanism. Prior to that, only brokers were allowed to utilise the exchange mechanism for redeeming and purchasing of mutual fund units. Star MF is the largest MF distributor platform in India with more than 4 lakh SIPs (Systematic Investment Plans) per month. On many occasions, the platform has exceeded 1 lakh orders per day.

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 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.

0.01% 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 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.

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 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.

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 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.

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” 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 15.83. 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.

0.005% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.005 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 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.

0.004% Div announced by Birla Sun Life Mutual Fund

Birla Sun Life Mutual Fund has announced 0.004 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 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.

ICICI Prudential Mutual Fund announces 0.001% dividend

ICICI Prudential Mutual Fund has announced 0.001 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 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 capital protection scheme named “ICICI Prudential Capital Protection Oriented Fund - Series XI - 1222 Days Plan B” 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 December 06 and will close on December 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 (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 0.003% Dividend

L&T Mutual Fund has announced 0.003 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 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.

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 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 December 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 December 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 December 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.

0.01% 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 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 December 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.

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 December 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.

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 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 December 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 December 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.

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 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.

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 - 2056 Days Plan A” with maturity period of 2056 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 November 24 and will close on December 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 (80 per cent) and CNX Nifty (20 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 60 to 100 per cent of asset in Debt Instruments and money market instruments and 0 to 40 per cent of asset in Equity and Equity related instruments.

ICICI Prudential Mutual Fund announces 0.008% dividend

ICICI Prudential Mutual Fund has announced 0.008 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 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.

0.04% 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 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 December 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.

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 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 December 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.

0.02% 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 November 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.

0.02% 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 December 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.

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 November 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.

Mutual funds park Rs 13,610 cr in equities in November

Mutual funds registered an inflow of a staggering Rs 13,610 crore in equities in November, mainly on aggressive buying by fund managers due to a sharp plunge in stock markets. With this, the total funds mobilisation crossed Rs 38,800 crore in stock markets so far in 2016. For the whole 2015, fund managers had invested over Rs 45,000 crore in this space. Industry insiders attributed the latest inflow to aggressive buying by fund managers on account of sharp plunge in equity markets. Generally, fund managers step up their buying trend whenever equity markets undergo a sharp correction. According to the data released by the Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 13,610 crore in November. Fund managers expect the market volatility to continue and they will invest at lower prices. This comes following an inflow of Rs 8,106 crore in October. They invested Rs 3,841 crore in September and Rs 2,717 crore in August. Prior to that, they had pulled out Rs 120 crore from markets in the preceding two months (June-July). They had infused Rs 7,149 crore in equities in May while they withdrew Rs 575 crore and Rs 10,198 crore in April and March, respectively. They had pumped in Rs 13,184 crore in January-February. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as opportunity. 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," Head of Mutual Fund Research FundsIndia.Com, Vidya Bala said. The BSE benchmark Sensex has plunged 4.6 per cent during the period under review due to uncertainty over demonetisation impact on the economic growth. 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 November 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 November 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 November 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.

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 November 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 November 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 November 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.

Div declared for Canara Robeco Liquid - Retail Plan

Canara Robeco Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Canara Robeco Liquid - Retail Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was November 27. The latest NAV of the scheme is Rs 1,007. The investment objective of the open-ended scheme is to generate income / capital appreciation through a low risk strategy by investment in debt securities and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Girish Hisaria 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 November 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 November 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 November 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.

JM Financial MF announces 0.80% div under Arbitrage Advantage Fund

JM Financial Mutual Fund has announced 0.80 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 November 28. The latest NAV of the scheme is Rs 10.49. The investment objective of the open ended balanced 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 Balanced Fund Index. Chaitanya Choksi is the fund manager of the scheme.

Div declared for L&T Dynamic Equity Fund - RP

L&T Mutual Fund has announced 1.2 per cent dividend under dividend payout option of scheme named as “L&T Dynamic Equity Fund - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend was November 28. The latest NAV of the scheme is Rs 17.88. The investment objective of the open-ended scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments. The Fund could also additionally invest in domestic Gold ETFs. This could help generating funds in the long term to save for the cost of children's marriage. The performance of the scheme is benchmarked against S&P BSE 200. Soumendra Nath Lahiri is the fund manager of the scheme.

0.01% div announced under Tata Money Market Fund - RP

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 1,000 per unit. The record date for the dividend was November 27. 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.

Franklin Templeton MF announces 0.02% div under India Cash Management Account

Franklin Templeton Mutual Fund has announced 0.02 per cent dividend under dividend payout option of scheme named as “Franklin India Cash Management Account” on the face value of Rs 10 per unit. The record date for the dividend was November 27. The latest NAV of the scheme is Rs 10.01. The investment objective of the open-ended scheme is to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Pallab Roy is the fund manager of the scheme.

Div declared for Canara Robeco Liquid - Retail Plan

Canara Robeco Mutual Fund has announced 0.01 per cent dividend under dividend payout option of scheme named as “Canara Robeco Liquid - Retail Plan” on the face value of Rs 1,000 per unit. The record date for the dividend was November 26. The latest NAV of the scheme is Rs 1,007. The investment objective of the open-ended scheme is to generate income / capital appreciation through a low risk strategy by investment in debt securities and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Girish Hisaria 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 November 28. The latest NAV of the scheme is Rs 23.68. 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.

Div declared for Axis Enhanced Arbitrage Fund - DP

Axis Mutual Fund has announced 0.50 per cent dividend under dividend payout option of scheme named as “Axis Enhanced Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was November 25. The latest NAV of the scheme is Rs 10.86. The investment objective of the open-ended 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 is benchmarked against Crisil Liquid Fund Index. Devang Shah is the fund manager of the scheme.

Div declared for BNP Paribas Dividend Yield Fund - DP

BNP Paribas Mutual Fund has announced 1.1 per cent dividend under dividend payout option of scheme named as “BNP Paribas Dividend Yield Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was November 25. The latest NAV of the scheme is Rs 15.64. The investment objective of the open-ended scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. The performance of the scheme is benchmarked against Nifty 200. Karthikraj Lakshmanan is the fund manager of the scheme.

7.9% div announced under Franklin Asian Equity Fund

Franklin Templeton Mutual Fund has announced 7.9 per cent dividend under dividend payout option of scheme named as “Franklin Asian Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend was November 25. The latest NAV of the scheme is Rs 12.70. The investment objective of the open-ended scheme is to provide medium to long term appreciation through investments primarily in Asian Companies / sectors (excluding Japan) with long term potential across market capitalization. Roshi Jain is the fund manager of the scheme.

SBI MF announces 60% div under Magnum Global Fund - DP

SBI Mutual Fund has announced 60 per cent dividend under dividend payout option of scheme named as “SBI Magnum Global Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was November 25. The latest NAV of the scheme is Rs 54.35. The investment objective of the open-ended scheme is to provide the investors maximum growth opportunity through well researched investments in Indian equities, PCDs and FCDs from selected industries with high growth potential and Bonds. The performance of the scheme is benchmarked against Nifty Midcap 100. R Srinivasan is the fund manager of the scheme.

Mutual funds pour Rs 10,000 cr in equities in November

Mutual fund managers have pumped in close to Rs 10,000 crore in equities this month so far amid weakness in the stock markets. With this, the total fund mobilisation reached Rs 31,018 crore in the stock markets during the current financial year (2016-17). Industry insiders attributed the latest inflow to aggressive buying by fund managers on account of sharp plunge in equity markets. Generally, fund managers step up their buying trend whenever equity markets undergo a sharp correction. According to the data released by Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 9,900 crore this month (till November 23). Fund managers expect the market volatility to continue and they will invest at lower prices. This comes following an inflow of Rs 8,106 crore in October. They invested Rs 3,841 crore in September and Rs 2,717 crore in August. Prior to that, they had pulled out Rs 120 crore from markets in the preceding two months (June-July). They had infused Rs 7,149 crore in equities in May while they withdrew Rs 575 crore in April. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as opportunity. 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," FundsIndia.Com, Head of Mutual Fund Research Vidya Bala said. The BSE's benchmark Sensex has plunged by 6 per cent during the period under review due to uncertainty over demonetisation's impact on the economic growth. In the entire 2015-16, fund managers had invested over Rs 70,000 crore in the equity markets. 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.

InvescoInd GoldETF - Fixes Record Date for Redemption of Mutual Fund

Invesco India Gold Exchange Traded Fund has informed BSE that the Company has fixed November 29, 2016 as the Record Date for the purpose of Redemption 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 November 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.

0.01% 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 November 22. 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 November 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.

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 November 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.

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 November 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 November 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 November 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.

0.06% 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 November 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.

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 November 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.

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 November 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 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 - 1248 Days Plan D” with maturity period of 1248 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 November 15 and will close on November 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 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 November 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.

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 November 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.

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 November 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.

0.04% 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 November 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 November 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 November 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 November 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.

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 November 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.

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 November 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 November 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 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 November 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 November 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 November 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 November 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.

0.02% 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 November 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 November 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 November 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.

0.15% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.15 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 November 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.

ICICI Prudential Mutual Fund announces 0.02% dividend

ICICI Prudential Mutual Fund has announced 0.02 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 November 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.

0.01% 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 November 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.

0.06% 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 November 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.

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 November 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.

0.008% 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 November 11. 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 0.04% Dividend

L&T Mutual Fund has announced 0.04 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 November 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.

MF industry looks to ramp up investor base to 9 cr in 5 years

The mutual fund industry is looking at increasing its investor base to 9 crore from 2 crore at present in the next five years and hopes that demonetisation will boost flow of capital and get new investors on board, reported PTI. According to an industry estimate, of the 120 crore population, merely 2 crore are investing in mutual funds currently. The industry, comprising 40 fund houses, is looking to make it to 9 crore over 3-5 years. Around 20 fund houses in the country are steeped in losses. Of 2 crore people who have invested in MF products, 1.08 crore have put their money in systematic investment plans. "Our study says there are nine crore people living in the country with investment surplus and currently, merely 2 crore of them are investing in mutual fund products. We are looking to make it to 9 crore over 3-5 years," Association of Mutual Funds of India Chief Executive CVR Rajendran said. He was speaking to reporters on the sidelines of an event organised by DSP Blackrock Investment Managers. "It is estimated that there will be a cash flow to the tune of Rs 7 trillion to the banking system due to the ongoing demonetisation move and the mutual fund industry will definitely get a significant chunk of this flow in due course," he said. "While banks with huge deposits will be investing in fund houses of their own, the retail investors will also put their money in the equity funds in hope of getting better returns." Total asset under management has gone up to Rs 17 trillion from Rs 11 trillion over the past one and a half years, an increase of around 50 per cent. "Hence, we do hope that the current AUM will be doubled over the next three years," he said. According to Rajendran, the industry will be spending Rs 320 crore on investor awareness programmes in the current fiscal and half of this money will be spent by AMFI alone. While 93 per cent of MF products have given an annualised return of 15 per cent over the past 10 years, the returns on an average are 2 per cent over the inflation rates, he said. Demonetisation and how the industry can benefit by it were elaborately discussed during the monthly board meeting of AMFI here earlier, Rajendran 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 November 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 November 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.

0.04% 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 November 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.

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 November 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 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 November 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.

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 November 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 November 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 November 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 November 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.

0.06% 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 November 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.

R*Shares JuniorBeES - Statement of Additional Information

RShares Junior BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares BankBeES - Statement of Additional Information

RShares Bank BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares PSUBankBeES - Statement of Additional Information

RShares PSU Bank BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares ShariahBeES - Statement of Additional Information

RShares Shariah BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares HangSeng Be - Statement of Additional Information

RShares Hang Seng BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares GoldBeES - Statement of Additional Information

RShares Gold BeES has informed BSE about Statement of Additional Information contains details of Reliance Mutual Fund, its constitution and certain tax, legal and general information. This Statement of Additional Information is dated November 05, 2016.

R*Shares GoldBeES - Updates

RShares Gold BeES has informed BSE about "Updation of Scheme Information Documents & Key Information Memorandum cum Application Form of Reliance Mutual Fund".

R*Shares JuniorBeES - Updates

RShares Junior BeES has informed BSE about "Updation of Scheme Information Documents & Key Information Memorandum cum Application Form of Reliance Mutual Fund".

R*Shares BankBeES - Updates

RShares Bank BeES has informed BSE about "Updation of Scheme Information Documents & Key Information Memorandum cum Application Form of Reliance Mutual Fund".

R*Shares PSUBankBeES - Updates

RShares PSU Bank BeES has informed BSE about "Updation of Scheme Information Documents & Key Information Memorandum cum Application Form of Reliance Mutual Fund".

R*Shares ShariahBeES - Updates

RShares Shariah BeES has informed BSE about "Updation of Scheme Information Documents & Key Information Memorandum cum Application Form of Reliance Mutual Fund".

MFs see Rs 32,000 cr inflow in Oct, Rs 2.67 lakh-cr in FY'17

Investors pumped in over Rs 32,000 crore into various mutual fund schemes in October, with equity and debt schemes attracting the maximum inflow. With this, the total net inflow in mutual fund schemes has reached Rs 2.67 lakh crore in the April-October period of the current fiscal. MFs had witnessed an inflow of Rs 2.15 crore in the same period last year. According to the data from the Association of Mutual Funds in India (Amfi), investors have poured in a net Rs 32,334 crore in MF schemes last month as compared to Rs 16,071 crore in the preceding month. The latest inflow has been mainly driven by contribution from income fund or debt schemes. Besides, equity schemes continued to witness positive inflow. Monthly net contributions through SIP (systematic investment plans) led to higher positive net inflows in equity markets, market experts 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. Income fund or debt schemes saw Rs 52,125 crore being poured in last month, while equity and equity-linked schemes witnessed a net inflows of Rs 9,394 crore, the highest level in 16 months. In addition, balanced fund saw net inflow of Rs 3,385 crore. However, liquid or money market segment saw an outflow of over Rs 34,800 crore. Overall, the asset under management of the country's 42 active fund houses increased to a historic high of Rs 16.3 lakh crore at the end of October from Rs 15.8 lakh crore in September-end

ICICIPruCPOIII PE60M - Updates

ICICI Prudential Capital Protection Oriented Fund- Series III - Plan E - 60 Months Plan - R P C O has submitted to BSE a copy of the Monthly portfolio of the schemes of ICICI Prudential Mutual Fund.

ICICIPruCPOIIIE60MDP - Updates

ICICI Prudential Capital Protection Oriented Fund- Series III - Plan E - 60 Months Plan - D P C O has submitted to BSE a copy of the Monthly portfolio of the schemes of ICICI Prudential Mutual Fund.

ICICI PruFMP S63 3YM - Updates

ICICI Prudential Fixed Maturity Plan Series 63- 3 Year Plan M (Cumulative Option) has submitted to BSE a copy of the Monthly portfolio of the schemes of ICICI Prudential Mutual Fund.

ICICI PruFMP S63 3YH - Updates

ICICI Prudential FMP Series 63 - 3 Year Plan H (Cumulative) has submitted to BSE a copy of the Monthly portfolio of the schemes of ICICI Prudential Mutual Fund.

ICICI Pru Gold iWIN - Updates

ICICI Prudential Gold iWIN ETF has submitted to BSE a copy of the Monthly portfolio of the schemes of ICICI Prudential Mutual Fund.

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 November 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.

0.02% 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 November 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.

0.01% 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 November 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.

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 November 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.

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 November 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.

Complete uploading of KYC papers by March 31: Sebi to MFs

Markets regulator Sebi has asked mutual fund houses to complete uploading of KYC details of all their existing clients to the central server by March 31, 2017. "Mutual funds may ensure 30 per cent completion of uploading of existing KYC data by November 30, 2016, another 30 per cent of KYC data by January 31 and the rest 40 per cent data by March 31," Securities and Exchange Board of India (Sebi) said in a circular. Intermediaries other than mutual funds have to ensure 50 per cent completion of uploading of existing KYC data by November 30 and the remaining 50 per cent by December 31. CERSAI (Central Registry of Securitisation and Asset Reconstruction and Security Interest of India) has operationalised a help desk for addressing any difficulty in uploading KYC records to Central KYC Record Registry (CKYCR). CERSAI, which was created in 2011 to prevent frauds in lending, performs functions like receiving, storing, safeguarding and retrieving KYC records in digital form. In July, Sebi had asked intermediaries to upload KYC documents with the central server for all new individual accounts to be opened from August 1.

BirlaSL CPO Series16 - Fixes Record Date for Redemption of Mutual Fund

Birla Sun Life Capital Protection Oriented Fund - Series 16- Regular Plan- Growth has informed BSE that the Company has fixed November 11, 2016 as the Record Date for the purpose of Redemption of Mutual Fund.

CanaraRob Gold ETF - Updates

Canara Robeco Mutual Fund - Canara Robeco Gold Exchange Traded Fund has informed BSE about "Monthly Portfolio Statement as on October 28, 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 November 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 November 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.

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 November 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.

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 November 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 November 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.

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 November 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.

0.01% 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 November 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.

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 November 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 November 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% 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 November 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 November 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 November 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 November 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.

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 November 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.

0.09% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.09 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 November 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.

MF agents oppose Sebi registration norms for advisory services

A grouping of mutual fund (MF) distributors and independent financial advisors has opposed Sebi's proposed registration norms for distributors giving incidental investment advice, saying the move will adversely impact the sector and force 80-90 per cent agents out of the distribution business,reported PTI. The group, United Forum, has given a representation to the capital markets watchdog in this regard. To keep checks and balances on investment advisory services, the Securities and Exchange Board of India (Sebi) had issued a consultation paper in October proposing a overhaul of regulations governing investment advisors. As per Sebi's proposed norms, MF distributors will not be allowed to provide incidental or basic investment advice in respect of mutual fund products. Sebi has said if distributors want to provide these services, they would need to register themselves as investment advisers. The regulator had invited comments from stakeholders and public on the proposed norms by November 4. Accordingly, United Forum, comprising associations like FIAI (banks and national distributors association), FIFA (IFA Association) and 43 other regional IFA associations, has opposed the proposed norms in its representation. As per the details shared by the forum, it has told Sebi that absence of a large distribution network will see households savings once again shift to physical assets like gold and negatively impact reach of MF products across the country, especially in B15 towns (small urban centres). "The role of distributors is very important in educating and penetrating the retail customer base, which needs help guidance and service," it has said. It noted the norms, if implemented, would force 80-90 per cent of the distributors out of business. "Dominant proportion of the individual distributor community, as also the banking players, may overnight shift out of the MF distribution business which includes independent financial advisors, national distributors and banks distributing financial products." Stressing that advisory is a natural component of MF distribution, the forum said the essence of incidental advice is very important for any financial distribution activity. "It may appear that making registration mandatory for MF distributors providing incidental advice would help Sebi regulate them better, but in reality such a measure would not only unreasonably disrupt the activities of distributors but also end up compromising financial inclusion as it would be against the interests of investors. "It is hoped by the entire industry, including AMCs (asset management companies) such a proposal would not be implemented," the Forum added as per the PTI report.

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 November 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 November 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 November 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.

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 November 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.

0.009% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.009 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 November 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 October 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.

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 October 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.

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 November 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.

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 November 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 November 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.

MFs pump in Rs 1.78 lakh cr in debt mkts in Apr-Oct

Mutual fund managers have pumped in over Rs 1.78 lakh crore in debt market during the April-October period of the current financial year, primarily on account of strong participation from retail investors. Besides, they invested a net Rs 21,000 crore in equity markets during the period under review. Industry experts attributed the inflows to increased participation from retail investors and positive sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in Parliament in August this year. As per the data released by the capital markets regulator Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 1.78 lakh crore in April-October period of 2016-17. They had pumped in Rs 2.03 lakh crore between April and October in 2015-16. For the entire 2015-16 fiscal, fund managers had put in a net amount of Rs 2.73 lakh crore in the debt market. This inflow has helped the mutual fund industry to reach over Rs 16 lakh crore mark in assets under management (AUM) at the end of September, as per the latest data. In comparison, Foreign Portfolio Investors made a net investment of just Rs 3,000 crore into debt markets during the first seven months of the current fiscal (2016-17). A mutual fund is an investment vehicle with a pool of funds collected from investors to buy securities such as stocks, bonds and 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 October 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.

0.06% 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 October 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 October 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.

0.01% 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 October 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.

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 October 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.

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 October 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 October 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 October 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.

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 October 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.

0.001% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.001 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 October 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.

DSPBR FMP S110 12MDP - Portfolio as on September 30, 2016

DSP Black Rock FMP Series 110-12M- Direct - Growth has informed BSE about Portfolio as on September 30, 2016.

DSPBR FMP S110 12MDP - Portfolio as on September 30, 2016

DSP Black Rock FMP Series 110-12M-Direct- Dividend Quarterly Payout has informed BSE about Portfolio as on September 30, 2016.

DSPBR FMP S110 12M - Portfolio as on September 30, 2016

DSP BlackRock FMP Series 110-12M-Regular- Growth has informed BSE about Portfolio as on September 30, 2016.

DSPBR FMP S107 12M - Portfolio as on September 30, 2016

DSP BlackRock FMP Series 107-12M-Regular- Growth has informed BSE about Portfolio as on September 30, 2016.

DSPBR DualAdvS11 36M - Portfolio as on September 30, 2016

DSP Black Rock FTP - Series 11-36M-Growth has informed BSE about Portfolio as on September 30, 2016.

DSPBR FMP S110 12M - Financial Results for September 30, 2016

DSP BlackRock FMP Series 110-12M-Regular- Growth has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

DSPBR FMP S110 12MDP - Financial Results for September 30, 2016

DSP Black Rock FMP Series 110-12M- Direct - Growth has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

DSPBR FMP S107 12M - Financial Results for September 30, 2016

DSP BlackRock FMP Series 107-12M-Regular- Growth has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

DSPBR DualAdvS11 36M - Financial Results for September 30, 2016

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

1. Half Yeraly Financial Results for the period ended September 30, 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 October 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 October 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 October 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 October 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.

0.001% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.001 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 October 26. 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.

MFs invest Rs 8,000 cr in equities in Sept

Mutual funds have pumped in over Rs 8,000 crore in equity markets this month, taking the total investment to more than Rs 21,000 crore so far in the current fiscal. Industry insiders attributed the latest inflow to positive investor sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in both houses of Parliament last month. According to the data released by Securities and Exchange Board of India (Sebi), mutual fund managers invested a net sum of Rs 8,106 crore in October. This comes following an inflow of Rs 3,841 crore in September and Rs 2,717 crore in August. Prior to that, they had pulled out Rs 120 crore from markets in the preceding two months (June-July). They had infused Rs 7,149 crore in equities in May while they withdrew Rs 575 crore in April. The latest inflow has taken the total fund mobilisation to Rs 21,118 crore in the stock markets in the current financial year (2016-17). In the entire 2015-16, fund managers had invested over Rs 70,000 crore in the equity markets. "Over the last few years, we have seen a shift in investment towards equity class as investment avenues like real estate and gold are not doing well," an expert said. 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.

R* SharesBankingETF - Updates on Merger / acquisition

Reliance Mutual Fund - Reliance Banking Exchange Traded Fund has informed BSE regarding "Effective Date for acquisition / merger of Schemes with Goldman Sachs Mutual Fund".

R* SharesGoldETF - Updates on Merger/acquisition

Reliance Mutual Fund - Reliance Gold Exchange Traded Fund has informed BSE regarding "Effective Date for acquisition / merger of Schemes with Goldman Sachs Mutual Fund".

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 October 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.

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 October 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.

ICICI Prudential Mutual Fund launches New Close Ended Scheme

ICICI Prudential Mutual Fund has launched a new close ended income fund scheme named “ICICI Prudential Multiple Yield Fund - Series 11 - 1361 Days Plan D” with maturity period of 1361 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 October 20 and will close on November 3. 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 (80 per cent) and Nifty 50 index (20 per cent). Rahul Goswami, Vinay Sharma, Ihab Dalwai 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 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 65 to 95 per cent of asset in Debt Instruments, 0 to 30 per cent of asset in Money Market Instruments and 5 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 October 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 October 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.

R* Shares CNX100 ETF - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

Reliance FHFXXIV6DP - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

Reliance FHFXXIV6DP - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

Reliance FHF XXIVS4 - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

Reliance FHF XXIVS4 - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

RelianceFHFXXIII10DP - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

RelianceFHFXXIII10DP - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

R* SharesBankingETF - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

R* SharesGoldETF - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

R* SharesBankingETF - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 2016

R* SharesGoldETF - Financial Results for September 30, 2016

Reliance Fixed Horizon Fund - XXIX - Series 10- Direct Plan Growth Option has informed BSE about :

1. Half Yeraly Financial Results for the period ended September 30, 2016.

2. Disclosure under Regulation 25(11) of SEBI (Mutual Funds) Regulations, 1996.

3. Half Yearly Statement of Scheme Portfolio as on September 30, 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 October 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% 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 October 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.

0.02% 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 October 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.

0.03% 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 October 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.

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 October 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.

Shriram A M C - Standalone Financial Results, Limited Review Report for September 30, 2016

Shriram Asset Management Company Ltd has informed BSE about :

1. Standalone Financial Results for the period ended September 30, 2016

2. Standalone Limited Review for the period ended September 30, 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 October 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.

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 October 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 October 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.

0.04% 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 October 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 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 October 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.

0.01% 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 October 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 October 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.

0.001% Div announced by IDFC Mutual Fund

IDFC Mutual Fund has announced 0.001 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 October 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 October 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 October 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.

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 October 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.

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 October 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 October 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.

0.01% 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 October 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.

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 October 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.

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

ICICI Prudential Sensex iWIN ETF 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.

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

ICICI Prudential Sensex iWIN ETF 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.

BirlaSL CPO Series16 - Fixes Record Date for Temporary Suspension of Mutual Fund

Birla Sun Life Capital Protection Oriented Fund - Series 16- Regular Plan- Growth has informed BSE that the Company has fixed November 02, 2016 as the Record Date for the purpose of Temporary Suspension of Mutual Fund.

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

IDFC Equity Opportunity- Series 1- Direct Plan- Dividend 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.

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 October 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 October 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 October 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 October 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 October 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 October 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 October 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 October 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.

0.03% 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 October 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 October 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.

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 October 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 October 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.

0.04% 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 October 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 October 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 October 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.

AMFI to discuss risk management report in board meeting

Mutual fund industry body AMFI will discuss the EY report on risk management during its next board meeting to be held on November 17, a top official said as per the PTI report. Sebi had issued a set of risk management guidelines for all the fund houses in 2002 itself. Still, the regulator wants to revisit those guidelines in the light of Amtek episode. "Sebi had issued risk management guidelines way back in 2002. However, after the Amtek episode, Sebi wanted it to be revised and the regulator gave responsibility for this job on AMFI and it was how we appointed EY to submit its recommendations to us on the topic," AMFI chief executive CVR Rajendran said told PTI on the sidelines of a Morningstar. "EY has submitted its report to us sometime back. In the report, it has given various options suggesting restrictions to be made by the fund houses on their investments like group, individual and rating risk exposure limit. However, the option for choosing the restricting limit has been left by EY on AMFI and we are yet to take a call on the subject," he said. Rajendran added that "we will put the EY report before our next board meeting which was slated for November 17 and once approved by the board, we will submit the report before Sebi for its clearance". As per the existing practice, the fund houses are supposed to get ratings for investment done by external rating agencies. However, the EY report has also recommended that it was not sufficient and rather it has advised such ratings to be undertaken even internally by the fund houses, he said. The Association of Mutual Funds of India (AMFI), in its forthcoming board meeting will also consider the risk management guidelines which have been already set by RBI for banks in past, Rajendran said. "We will also consider the guidelines on the topic which has already been issued by RBI for the banks," he said. Sebi, before implementing the revised risk management guidelines, may call upon the members of AMFI for consultation, he hoped.

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 October 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.

0.02% 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 October 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 October 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 October 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 October 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.

Mutual funds approach Sebi with 64 new schemes in FY 17

With mutual funds gaining traction among retail investors, asset management companies have filed draft offer documents with market regulator Sebi for as many as 64 new schemes, so far, this fiscal. Equity, debt, retirement, hybrid and fixed maturity plan (FMP) are some of the themes for which mutual fund houses have filed the applications. ICICI Prudential Mutual Fund (MF), IDFC MF, Mahindra MF, HSBC MF, HDFC MF, Birla Sunlife MF, Tata MF, Axis MF and SBI MF are among the fund houses that have filed the offer documents for new fund offers (NFO) with Securities and Exchange Board of India (Sebi). Interestingly, some mutual fund houses are keen to launch NFOs with Hindi names so that investors in rural areas understand the objective of the schemes in a better manner. The move is being seen as an attempt to move away from the old tradition of English names for such schemes. In the current fiscal so far, draft documents for 64 NFOs have been submitted with Sebi. Of these, 19 draft offers were filed last month alone. Of these 64 NFOs, some of the funds have already been launched by asset management companies after getting clearance from Sebi. In comparison, about 180 draft papers were filed with the capital markets watchdog in the preceding fiscal (2015-16). Experts believe that AMCs are approaching Sebi with new NFOs as there has been demand from retail investors for mutual fund products. Besides, robust response has been received from investors in the recent fund launches. This demand from retail investors for mutual fund products has taken investors base to touch a record 5 crore at the end of September. However, there are few draft papers filed with Sebi in this fiscal as compared with the preceding 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 October 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 October 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.

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 – Retail Plan” on the face value of Rs 100 per unit. The record date for the dividend was October 10. The latest NAV of the scheme is Rs 1002.76. 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.

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 OB (1100 days)” with maturity period of 1100 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 October 14 and will close on October 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 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.

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 October 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.

R* Shares CNX100 ETF - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Se

Reliance Mutual Fund - R Shares CNX 100 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.

Reliance FHFXXIV6DP - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Sep

Reliance Fixed Horizon Fund XXIV- Series 6- 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.

Reliance FHF XXIVS4 - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Sep

Reliance Fixed Horizon Fund- XXIV Series 4 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.

RelianceFHFXXIII10DP - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Se

Reliance Fixed Horizon Fund XXIII- Series 10- 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.

R* SharesBankingETF - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Sep

Reliance Mutual Fund - Reliance Banking 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.

R* SharesGoldETF - Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Septem

Reliance Mutual Fund - Reliance 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.

ICICIPruCPOIV PE 36M - Fixes Book Closure for Redemption of Mutual Fund

ICICI Prudential Capital Protection Oriented Fund - Series IV - Plan E- 36 Months Plan - R P C O has informed BSE that the Company has fixed October 28, 2016 as the Book Closure Date for the purpose of Redemption of Mutual Fund.

Shriram A M C - Shareholding for the Period Ended September 30, 2016

Shriram Asset Management Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2016. For more details, kindly Click here

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 October 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.

0.04% 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 October 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.

5.54% div announced under HDFC FMP 742 D September 2013-1-Direct Plan

HDFC Mutual Fund has announced 5.54 per cent dividend under dividend payout option of scheme named as “HDFC FMP 742 D September 2013 - 1 - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was October 10. The latest NAV of the scheme is Rs 10. The investment objective of the close-ended scheme is to generate income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the respective Plan(s). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Shobhit Mehrotra 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 - 1100 Days Plan A” with maturity period of 1100 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 October 10 and will close on October 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 Short Term 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 70 to 100 per cent of asset in Debt Instruments including Government Securities and 0 to 30 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 October 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.

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

Shriram Asset Management Company Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on October 26, 2016, inter alia, to consider, the Unaudited Financial Results for the Quarter and Half year ended September 30, 2016.

Further inform that, the ‘Trading Window’ as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, will be closed from October 19, 2016 to October 28, 2016 (both days inclusive).

This trading window closure will be for taking into consideration the Unaudited Financial Results for the Quarter and Half year ended September 30, 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 October 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 0.02% 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 October 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 October 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.

0.01% 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 October 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 October 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.

MFs folio count rises 29 lakh in H1 FY17 at record 5 cr

Driven by addition in equity fund folios, mutual fund (MF) houses have registered a surge of more than 29 lakh investor accounts in the first six months of the current fiscal, taking the total tally to surpass 5-crore mark. 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 mainly due to robust contribution from smaller towns. Folios are numbers designated to individual investor accounts, though one investor can have multiple folios. According to the data from the Association of Mutual Funds in India (Amfi) on total investor accounts with 43 fund houses, the number of folios rose to a record 5,05,59,495 at the end of last month from 4,76,63,024 in March-end, a gain of of 28.96 lakh. Growing participation from retail investors, especially from smaller towns and huge inflows in equity schemes have helped in increasing the overall folio counts, experts said. The equity category witnessed an addition of more than 15 lakh investor folios to 3.75 crore in April-September period of the current fiscal. Mutual funds have reported a net inflow of Rs over 22,000 crore in equity schemes in the first half of the current fiscal. Overall, funds have seen an infusion of Rs 2.34 lakh crore. The inflow is in line with the Sensex surging 10 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.

UTI MF announces 0.65% div under UTI Spread Fund - DP

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 October 06. The latest NAV of the scheme is Rs 16.53. The investment objective of the open ended 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 is benchmarked against Crisil Liquid Fund Index. Kaushik Basu is the fund manager of the scheme.

Div declared for UTI Wealth Builder Fund - Direct Plan

UTI Mutual Fund has announced 0.90 per cent dividend under dividend payout option of scheme named as “UTI Wealth Builder Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was October 06. The latest NAV of the scheme is Rs 18.82. The investment objective of the open-ended scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments. The performance of the scheme is benchmarked against S&P BSE 100. V Srivatsa is the fund manager of the scheme.

Div declared for Franklin India Cash Management Account

Franklin Templeton Mutual Fund has announced 0.0127 per cent dividend under dividend payout option of scheme named as “Franklin India Cash Management Account” on the face value of Rs 10 per unit. The record date for the dividend was October 05. The latest NAV of the scheme is Rs 10.01. The investment objective of the open-ended scheme is to provide income and liquidity consistent with the prudent risk from a portfolio comprising of money market and debt instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Pallab Roy is the fund manager of the scheme.

Birla Sun Life MF announces 0.0211% div under Cash Plus - Retail Plan

Birla Sun Life Mutual Fund has announced 0.0211 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 October 05. 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.

14.11% div announced under HDFC FMP 370 D August 2013-4-Regular Plan

HDFC Mutual Fund has announced 14.1150 per cent dividend under dividend payout option of scheme named as “HDFC FMP 370 D August 2013 - 4 - Regular Plan” on the face value of Rs 10 per unit. The record date for the dividend was October 05. The latest NAV of the scheme is Rs 10. The investment objective of the close-ended scheme is to generate income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the respective Plan(s). The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Anil Bamboli is the fund manager of the scheme.

HDFC FMP370D Oct131 - Fixes Record Date for Redemption / Roll Over of Mutual Fund

HDFC Mutual Fund - HDFC FMP 370D October 2013 (1) - Regular Option- Growth Option has informed BSE that the Company has fixed October 21, 2016 as the Record Date for the purpose of Redemption / Roll Over of Mutual Fund.

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 October 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.

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 October 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 October 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.

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 October 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.

0.01% Dividend declared by Tata Mutual Fund

Tata Mutual Fund has announced 0.01 per cent dividend