ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Long Term Bond Fund. The record date for the same is March 27, 2020. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.1140 under Quarterly Dividend, Rs 0.1337 under Direct Plan-Quarterly Dividend, Rs 0.1107 under Institutional Quarterly Dividend, Rs. 0.4082 under Half Yearly Dividend, Rs 0.4678 under Direct Plan- Half Yearly Dividend, and Rs 0.3950 under Institutional Half Yearly Dividend.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Credit Risk Fund. The record date for the same is March 27, 2020. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.0378 under Quarterly Dividend, and Rs 0.0542 under Direct Plan-Quarterly Dividend.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Liquid Fund. The record date for the same is March 30, 2020. The quantum of dividend on the face value of Rs 100 per unit will be Rs 1.0368 under Quarterly Dividend,  Rs 1.0664 under Direct Plan-Quarterly Dividend, Rs 2.4858 under Half Yearly Dividend, and Rs 2.5519 under Direct Plan- Half Yearly Dividend.

L&T Mutual Fund (MF) has launched the L&T Nifty 50 Index Fund, an open-ended Equity Scheme tracking Nifty 50 Index. The NFO opens for subscription on March 24, 2020 and closes on March 31, 2020. Entry load will be nil. Exit load will be nil, if the units redeemed or switched out are up to 10% of the units purchased or switched in (‘the limit’) within 1 year from the date of allotment. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment the exit load will be 1%, and the exit load will be nil if units are redeemed or switched out on or after 1 year from the date of allotment. The minimum subscription amount is Rs 5000.

The scheme’s performance will be benchmarked against its performance to Nifty 50 Index TRI and its fund manager is Praveen Ayathan.

The investment objective of the scheme is to achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.

L&T Mutual Fund (MF) has launched the L&T Nifty Next 50 Index Fund, an open-ended Equity Scheme tracking Nifty 50 Index. The NFO opens for subscription on March 24, 2020 and closes on March 31, 2020. Entry load will be nil. Exit load will be nil, if the units redeemed or switched out are up to 10% of the units purchased or switched in (‘the limit’) within 1 year from the date of allotment. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment the exit load will be 1%, and the exit load will be nil if units are redeemed or switched out on or after 1 year from the date of allotment. The minimum subscription amount is Rs 5000.

The scheme’s performance will be benchmarked against its performance to Nifty 50 Index TRI and its fund manager is Praveen Ayathan.

The investment objective of the scheme is to achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.