Mirae Asset Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) to launch Mirae Asset Indo China Consumption Fund, an open ended equity oriented scheme. The investment objective of the scheme is to generate long term capital appreciation through an actively managed portfolio investing in equity and equity related securities of companies that are likely to benefit either directly or indirectly from consumption led demand and should be domiciled or having their area of primary activity in India/China. The securities of these companies could be listed anywhere in the world.

Canara Robeco Mutual Fund has declared dividend under its scheme, Canara Robeco Equity Diversified Fund (open ended diversified scheme). The quantum of dividend decided for distribution is 20 per cent that is Rs 2.00 per unit on the face value of Rs. 10 per unit. The record date decided for distribution of dividend is 26th March, 2010.