ICICI Prudential MF To Declare Dividend For Interval Fund

ICICI Prudential Mutual Fund will declare dividend on the face value of Rs 10 per unit on the ICICI Prudential Interval Fund - Quarterly Interval Plan I. The fund house has fixed 16 August 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 10.23 per unit as on 9 August 2007. ICICI Prudential Interval Fund - Quarterly Interval Plan I is a bond fund. The objective of the scheme is to generate optimal consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities. The scheme does not charge any entry load. The scheme carries an exit load of 0.50% if the investment is redeemed before the specified transaction period.