ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Overnight Fund. The record date for the same is May 17, 2021. The quantum of dividend on the face value of Rs 100 per unit will be Rs 1.4364 under Half Yearly IDCW and Rs 1.4864 under Direct Plan- Half Yearly IDCW.

Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open ended exchange traded fund named ‘Aditya Birla Sun Life Nifty IT ETF’. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers no option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty ITTRI. The minimum application amount is Rs 5000 and in multiples of Rs 100 thereafter.

The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Information Technology TRI, subject to tracking errors.

Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open ended exchange traded fund named ‘Aditya Birla Sun Life Nifty IT ETF’. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers no option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty ITTRI. The minimum application amount is Rs 5000 and in multiples of Rs 100 thereafter.

The investment objective of the scheme is to provide returns that before expenses, closely correspond to the total returns of securities as represented by Nifty Information Technology TRI, subject to tracking errors.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Fixed Maturity Plan- Series 82-1219 Days Plan D. The record date for the same is May 14, 2021. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.0500 each under Quarterly IDCW, Direct Plan-Quarterly IDCW and Half Yearly IDCW.

The units of the Schemes are listed on BSE. The trading of units of the Schemes will be suspended on BSE with effect from closing hours of trading of May 10, 2021.  For the purposes of redemption proceeds, the record date shall be May 14, 2021.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Fixed Maturity Plan- Series 82-1219 Days Plan D. The record date for the same is May 14, 2021. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.0500 each under Quarterly IDCW, Direct Plan-Quarterly IDCW and Half Yearly IDCW.

The units of the Schemes are listed on BSE. The trading of units of the Schemes will be suspended on BSE with effect from closing hours of trading of May 10, 2021.  For the purposes of redemption proceeds, the record date shall be May 14, 2021.

Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an equity oriented interval scheme named ‘Kotak Enhanced Equity Fund’. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load for redemptions/switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment -1%; For redemptions / switch outs (including SIP/STP) after 1 year from the date of allotment of units, irrespective of the amount of investment will be nil. The scheme offers growth and Income Distribution cum capital withdrawal options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 50 Index TRI. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments predominantly in large-cap stocks while also endeavouring to limit the downside risk using index put options during volatile or expensive market situations.

Kotak Mahindra Mutual Fund has filed offer document with SEBI to launch an equity oriented interval scheme named ‘Kotak Enhanced Equity Fund’. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load for redemptions/switch outs (including SIP/STP) within 1 year from the date of allotment of units, irrespective of the amount of investment -1%; For redemptions / switch outs (including SIP/STP) after 1 year from the date of allotment of units, irrespective of the amount of investment will be nil. The scheme offers growth and Income Distribution cum capital withdrawal options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked by Nifty 50 Index TRI. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments predominantly in large-cap stocks while also endeavouring to limit the downside risk using index put options during volatile or expensive market situations.