ICICI Prudential MF To Declare Dividend

ICICI prudential Mutual Fund will declare dividend on the face value of Rs 10 per unit on the ICICI Prudential fixed maturity plan series 37- 3 Months Plus Plan A. The fund house has fixed 12 July 2007 as the record date for the purpose of declaration of dividend, which will be 100% of the distributable surplus available as on the record date. The NAV of the scheme stood at Rs 10.32 per unit as on 4 July 2007.

ICICI Prudential fixed maturity plan series 37- 3 Months Plus Plan A is a close-ended debt fund. The objective of the scheme is to generate regular returns by investing in a portfolio of fixed income securities/ debt instruments normally maturing in line with the time profile of the plan. There will no entry as well as exit load for the scheme.