ICICI Pru Infrastructure Declares 30% Dividends

ICICI Prudential Mutual Fund has declared a dividend of 30% under its ICICI Prudential Infrastructure Fund (Retail Plan), an open-ended equity scheme that aims to generate capital appreciation and income distribution to unitholders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure industries and balance in debt securities and money market instruments including call money. The record date for dividend is 28 March 2008. All unit holders registered under the dividend option of the scheme as on 28 March 2008 will be eligible for this dividend. Pursuant to payment of dividend, the NAV of the Scheme would fall to the extent of payout and statutory levy. The NAV of the scheme under dividend option of regular plan as on March 19, 2008 was Rs 16.16.