Taurus Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) to launch Taurus Gold-Edged Monthly Income Fund, an open ended income scheme. The investment objective of the scheme is to generate regular income through a portfolio of fixed income securities, Gold ETFs and equity & equity related instruments.

HDFC Mutual Fund has declared dividend under its scheme, HDFC Prudence Fund (open ended balanced scheme). The quantum of dividend decided for distribution is 35 per cent that is Rs 3.5 per unit on the face value of Rs. 10 per unit. The record date decided for distribution of dividend is 18th March, 2010.