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Mutual Fund News for Today (March 11th 2010) -- Morning Edition
Mutual Fund News for Today (March 11th 2010) -- Morning Edition
| DIVIDEND 1.Birla Mutual Fund announces dividend under its four schemes. Birla Mutual Fund has declared dividend under its open ended schemes - Birla Sun Life Tax Plan, Birla Sun Life Equity Fund, Birla Sun Life Top 100 Fund and Birla Sun Life 95 Fund. The quantum of dividend decided for distribution are 75 per cent, 50 per cent, 10 per cent and 70 per cent respectively on the face value of Rs. 10 per unit each. The record date decided for distribution of dividend for all the schemes is 12th March, 2010. NEW FUND LAUNCH 2.Axis Fixed Term Plan - Series 2(371days). This scheme is a Close Ended Income scheme. The new fund offer starts from 10th March 2010 to 18th March 2010. News Source - AMFI.DIVIDEND 1.Bharti AXA MF Declares Dividend For Tax Advantge Fund. Bharti AXA Mutual Fund has approved the declaration of dividend in Eco and Regular plan under dividend option (dividend pay-out and re-investment facilities) of Bharti AXA Tax Advantage Fund (open-ended equity linked savings scheme). The record date for the declaration of dividend is 16 March 2010. The quantum of dividend will be 30% (Rs 3 per unit) on the record date. 2.Benchmark Mutual Fund announces dividend under its three schemes. Benchmark Mutual Fund has declared dividend under its open ended schemes - Benchmark S&P CNX 500 Fund, Benchmark Derivative Fund and Benchmark Equity & Derivatives Opportunities Fund. The quantum of dividend decided for distribution is Rs. 6.75, Rs. 20 and Rs. 0.10 respectively. The record date decided for distribution of dividend for all the schemes is 15th March, 2010. News Source - MUTUAL FUND INDIA. |
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