L&T Tax Saver Fund: Dividend Declaration

L&T Mutual Fund has announced dividend under dividend payout option of L&T Tax Saver Fund. The quantum of dividend will be Re. 1 per unit.

The record date has been fixed as March 5, 2012. Earlier, it had declared a dividend of Re. 1 per unit in January 2007.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Kotak FMP Series 38 & Series 48: Dividend Declaration

Kotak Mutual Fund has announced dividend under the dividend option of Kotak FMP Series 38 & Series 48. The quantum of dividend will be the entire appreciation in NAV of dividend option until March 5, 2012.

The record date has been fixed as March 5, 2012. These schemes will mature on the same day.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Morgan Stanley Short-term Bond: Change in Exit Load

Morgan Stanley Mutual Fund has announced a revision in the exit load of Morgan Stanley Short-term Bond, effective March 1, 2012.

The revised exit load will be 0.5% if redeemed on or before the expiry of 6 months from the date of allotment. Presently, the exit load is Nil.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

SBI MF Launches SBI Debt Fund Series - 13 Months - 12

SBI Mutual Fund has launched SBI Debt Fund Series - 13 Months - 12. The scheme will be open for subscription from March 2, 2012 to March 5, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Edelweiss ELSS Changes its Stated Benchmark

Edelweiss Mutual Fund has announced a change in the stated benchmark of Edelweiss Equity Linked Savings scheme (ELSS), with effect from March 1, 2012.

The revised benchmark will be S&P CNX 500 index instead of S&P CNX Nifty.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Reliance FHF - XIX Series 1: Dividend Declaration

Reliance Mutual Fund has announced dividend under the dividend option of Reliance FHF - XIX Series 1. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as March 5, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

L&T Short-term Debt Fund: Revision in Exit Load

L&T Mutual Fund has revised the exit load of L&T Short-term Debt Fund, with effect from March 2, 2012.

The revised exit load will be 0.25% if redeemed within 3 months from the date allotment. Presently, it is 0.50% if redeemed within 6 months.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI MF Launches UTI Fixed Term Income Series XI-III (368 Days)

UTI Mutual Fund has launched the new fund offer (NFO) of UTI Fixed Term Income Series XI-III (368 Days). The scheme will be open for subscription from February 29, 2012 to March 1, 2012.

The maturity date will be March 4, 2013.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

UTI Quarterly Interval Series-II Plan VI: Dividend Declaration

UTI Mutual Fund has announced dividend under the dividend option of retail as well as institutional plan of UTI Quarterly Interval Series-II Plan VI. The quantum of dividend will be 100% of distributable surplus as on the record date.

The record date has been fixed as March 5, 2012. The Specified Transaction Period will be March 5, 2012 and March 6, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

DSP BlackRock MF Launches 2 FMPs

DSP BlackRock Mutual Fund has announced the launch of DSP BlackRock FMP Series 37-13M and DSP BlackRock FTP Series 7-24M.

The schemes will be open for subscription from March 2, 2012. But Series 37-13M will close on March 5, 2012 while FTP Series 7-24M will close on March 6, 2012.

Source: www.valueresearchonline.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd