20% dividend in ICICI Prudential Emerging Star

January 14th, 2008

A dividend of Rs. 2 per unit on a face value of Rs. 10 is announced for the scheme. The record date for the above dividends is January 18, 2008.

The scheme has a large holding in Technology, Metals & Metal Products, Construction and Services sector. The scheme as India Infoline, Deccan Chronicle Holdings, Sintex Industries, Patel Engineering Co and Welspun-Gujarat Stahl Rohren as its major holdings. The NAV of the scheme is Rs. 29.62 (as of January 14, 2008).

The investiment objective of the scheme is “To generate capital appreciation by actively investing in diversified mid cap stocks. The Scheme will invest primarily in companies that have a market capitalization between Rs. 100 crores to Rs. 2000 crores.”

The earlier dividend announcement of the scheme is on 20 July 2007 when a dividend of Rs. 2.5 per unit announced.

Entry Filed under: Mutual Funds, ICICI Prudential MF

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