ICICI Prudential Mutual Fund Has Declared Dividend - Jan 27, 2009

ICICI Prudential Mutual Fund has declared dividend under dividend option of ICICI Prudential Interval Fund IV- Quarterly Interval Plan D. The record date for the same is January 29, 2009. The fund house has decided to distribute 100% distributable surplus as dividend on the record date. The fund offers dividend for retail plan. The NAV under retail plan as on January 22, 2009 was at Rs 10.0812 per unit.

ICICI Prudential Interval Fund IV- Quarterly Interval Plan D is a debt oriented interval scheme with an objective to generate returns by investing in a portfolio of fixed income securities/debt instruments normally maturing in line with time profile of the scheme. The Fund does not charge an entry load. On the other hand, there will be no exit load for the redemptions done during specified transaction period while 2% is applicable exit load for the redemptions at any time other than specified transaction period.

Lotus India MF Declares Dividend

Lotus India Asset Management Company (Lotus India AMC) announced the declaration of dividend of 2.5% in the Retail - Quarterly Dividend Option of Lotus India Active Income Fund. Lotus India AMC has notified 18 March 2008 as the record date for the purpose of declaring dividend. Distribution of dividend is subject to availability and adequacy of distributable surplus. Pursuant to payment of dividend, NAV would fall to the extent of dividend payout and statutory levy, if applicable.
The dividend proposed to be declared is Re. 0.25 per unit on a face value of Rs. 10/- per unit. The NAV of the Retail - Quarterly Dividend Option as on March 13, 2008 was Rs. 10.4507. All unit holders of Retail - Quarterly Dividend Option under the Scheme, whose names appear in the records of the Registrar, Computer Age Management Services Pvt. Ltd., as at the close of business hours on March 18, 2008, will be entitled to receive the dividend.