ICICI Prudential Mutual Fund has approved Feb.8, 2010 as the record date for declaration of dividend under dividend option of ICICI Prudential Interval Fund II - Quarterly Interval Plan B. The quantum of dividend will be 100% of distributable surplus as on the record date.

The Fear of massive outflows from mutual funds (MFs) has started bothering asset management companies after the Securities and Exchange Board of India's (Sebi's) order on short-term debt funds. Sebi has said that all short-term debt securities and money market instruments, underlying all liquid and liquid plus schemes of MFs, should be marked to market (MTM).

Taurus Mutual Fund announced the launch of their close - ended debt scheme- Taurus Fixed Maturity Plan 15 Months - Series I. This fund is open for subscription from Feb. 04, 2010 to Feb. 08, 2010.