LIC Mutual fund has announced 29 January 2010 as the record date for declaration of dividend under LICMF Index Fund-Sensex Advantage Plan. The fund house has decided to distribute 17.5% as dividend on the record date. LICMF Index Fund-Sensex Advantage Plan is an open ended index linked equity scheme seeking to provide capital growth by investing in index stocks and growth stocks.

Whenever fund managers, equity analysts, brokers or institutional investors hold forth on their investment theme for the season, it invariably includes infrastructure. This year has been no different. This is despite companies in the core sector underperforming in the rally, unlike, say, companies that are a part of another popular theme, Indian consumption.

There are already more than 15 schemes that offer investors an opportunity to invest in the infrastructure sector either in India or worldwide. Bharti Axa focused infrastructure fund (BAFIF) is the latest entrant. The new fund offer (NFO) has opened on January 21, 2010, and you can invest in this NFO till February 15, 2010, at Rs 10 per unit.