Archive for January 14th, 2008

25% Dividend in Magnum MultiCap Fund

SBI Mutual Fund announced a dividend of 25% Dividend in Magnum MultiCap Fund. Unit holders will get Rs. 2.5 per unit. The record date is fixed as January 18, 2008. The NAV of the fund is Rs. 20.2 as on January 14, 2008.

The Investment objective of the fund is: “To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, debt and money market instruments”. The scheme puts 50-90% in Large cap, 10 – 40% in Mid cap and 0 to 10% in Small cap.

This dividend is the second such since the launch of the scheme in September 2005. The earlier dividend is 20% announced in January 2007.

Add commentJanuary 14th, 2008

20% dividend in ICICI Prudential Emerging Star

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.

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ICICI Prudential Tax Plan announces 20% dividend

ICICI Prudential Tax Plan is an ELSS Tax Saver Mutual Fund. The Investment objectives of the scheme are: “To seek to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities”. The scheme is largely into Services, Energy, Construction, Technology and Financial Service stocks and has Reliance Industries, Sadbhav Engineering, ICICI Bank, Tata Tea, Zee Entertainment Enterprises as about 25% of its holding.

The scheme has 8 dividend announcements since March 2000. The most recent dividend was for 20% announced in August 2000.

The scheme is a kind of laggard compared to its peers though the returns are consistent during the previous quarters, thanks for the positive movement of stocks across the board.

Add commentJanuary 14th, 2008

NSE completes its 1980th Normal Settlement

The Exchange has successfully completed its 1980th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008008 on January 14, 2008. The settlement statistics is as follows: 

Particulars
Values

 

N – 2008008

Total traded quantity (lakhs)

6781.99

Total traded value (Rs. In Crores)

20864.19

Total value of the settlement (Securities) (Rs. In Crores)

5369.13

Total value of the settlement (Funds) (Rs. In Crores)

1504.08

Shortages for the settlement

0.22%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

23.91%

Retail Debt Market have completed its 1254th settlements details of which is as follows:

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008008

NIL

NIL

NIL

 

Add commentJanuary 14th, 2008

ICDM and F & O Turnover details - January 14, 2008

Value of deals reported on ICDM on 14th January, 08, through ICDM System is = Rs. 143.82Crs.

Number of deals reported: 48

Please find hereinbelow data on F&O turnover (one sided) for the trade date 14 Jan. 2008.

1.) Sensex Futures = Rs 898.41 crores.

2.) Sensex Mini Futures = Rs 195.31 crores.

2.) Total F&O Turnover = Rs 1094.73 crores.

All the above values represent one sided turnover.

Kalyan S. Bose
Corporate Affairs
Bombay Stock Exchange Ltd

Add commentJanuary 14th, 2008

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