Tata Mutual Fund (MF) has launched the Tata Banking & PSU Debt Fund, an open ended debt scheme. The NFO opens for subscription on September 19, 2019 and closes on October 03, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against CRISIL Banking and PSU Debt Index and its fund manager is Amit Somani.

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Corporate Bond Fund. The record date is September 24, 2019. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.2635 under Quarterly Dividend, Rs 0.0005 under Direct plan - Quarterly Dividend, and Rs 0.2649 under Retail Quarterly Dividend.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Medium Term Bond Fund. The record date is September 23, 2019. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.4788 under Half Yearly Dividend, Rs 0.5352 under Direct plan - Half Yearly Dividend, and Rs 0.4693 under Plan B - Half Yearly Dividend.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Equity- Arbitrage Fund. The record date is September 23, 2019. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.0500 each under regular and direct plan - Dividend.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Liquid Fund. The record date is September 23, 2019. The quantum of dividend on the face value of Rs 100 per unit will be Rs 7.1100 under Annual Dividend, and Rs 7.1835 under Direct Plan - Annual Dividend.