Archive for September 12th, 2008
Scheme Name
Templeton Fixed Horizon Fund – Series XI – Plan C (367 days plan)
Objective of Scheme
TFHF – Series XI is a closed - end income fund that seeks to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund’s duration.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
12-Sep-2008
New Fund Earliest Closure Date
-
New Fund Offer Closure Date
17-Sep-2008
Indicate Load SeparatelyLoad Structure: Entry: Nil, Exit Load : (On redemption/repurchase/switch-out before maturity of the fund) : 2.50% (Upto completion of 6 months); 2.00% (Upon completion of 6 months but before completion of 9 months); 1.50% (Upon completion of 9 months but before maturity); On Maturity : Nil.
Offer Price (Rs.)
10
Minimum Subscription Amount
5000
September 12th, 2008
The draft offer documents of the following mutual fund schemes are posted on SEBI website for public view and commenting:
ABN AMRO Sector Select Fund
DSP ML FMP 1M Series 6-11
ICICI Prudential FMP - Series 49
IDFC FMP Monthly Series 9-14
Principal Pnb FMP - 1105 Days - Series I
SBI Capital Protection Oriented Fund Series III
September 12th, 2008
Friday, September 12, 2008 3:48:33 PM IST
Thanks to the currency problems, IT stocks have witnessed selling pressure which inturn make the broder indices to test their levels. BSE closed at 14000.81 losing 323.48 points or 2.26%. NSE closed at 4200.95 down 2.08%
The markets had a good opening but soon was in the red. The markets made attempts to come back into the green but this was very shortlived. The last 30 minutes of trade did the most of the damage.
CNX IT is down 3.90%. Bank Nifty is down 2.54% CNX 100 is down 2.15% and CNX 500 is down 2.10%. Nifty Midcap 50 is down 2.56%
Top Nifty losers of the day include Reliance Infra (down 7.35%), Infosys (down 6.03%), ICICI Bank (down 5.04%), DLF, Sterlite, Tata Motors (all down over 4%), Reliance, HDFC and TCS (all down over 3%). Nifty gainers of the day include Maruti, National Aluminium (both up over 3%), SAIL, PNB, BHEL, Zee Limited, Cipla, Cairn and Hindustan Unileaver.
The BSE Midcap and Smallcap indices too closed in the red losing 1.95% and 1.57% respectively. All sectoral indices on the BSE closed in the red with IT, Realty, Bankex, Oil & Gas being the top losing sectors.
1 U.S. dollar = 45.2406 Indian Rupees
1 U.S. dollar = 107.0663 Japanese Yens
1 U.S. dollar = 0.7091 Euros
1 Ounce Gold = $754.70
1 Barrel Crude Oil = $102.30
September 12th, 2008
JM Financial Mutual Fund has announced a dividend of 1.8% (Rs. 0.18 per unit) for unit holders of both JM Arbitrage Advantage Fund Dividend Plan and JM Equity & Derivative Fund Dividend Option.
NAV of JM Arbitrage Advantage Fund - Dividend Plan (as of September 10, 2008): 10.2488
NAV of JM Equity & Derivative Fund - Dividend Option (as of September 10, 2008): 10.2429
The record date for the dividend is September 16, 2008
September 12th, 2008
The following Mutual Fund Schemes are in the NFO period:
Birla Sun Life Mutual Fund
Birla Sun Life Fixed Term Plan –Series BC
Birla Sun Life Fixed Term Plan –Series BE
Escorts Mutual Fund
Escorts Power & Energy Fund
Franklin Templeton Mutual Fund
Franklin Templeton Fixed Tenure Fund – Series X – Plan B
Franklin Templeton Fixed Tenure Fund – Series X – Plan D
Templeton Fixed Horizon Fund – Series XI – Plan C (367 days plan)
HDFC Mutual Fund
HDFC FMP 22M September 2008
HDFC FMP 90D September 2008 (2)
JM Financial Mutual Fund
JM Fixed Maturity Fund - Series XII - Quarterly plan 3 (JM FMF - XII - Q3)
Lotus India Mutual Fund
Lotus India Fixed Maturity Plan-375 Days-Series XVII
Tata Mutual Fund
Tata Fixed Horizon Fund Series 19 Scheme F - Institutional Plan
Tata Fixed Horizon Fund Series 19 Scheme F - Regular Plan
Tata Fixed Investment Plan - 4 - High Investment Plan
Tata Fixed Investment Plan - 4 - Regular Investment Plan
Tata Fixed Investment Plan - 4 - Super High Investment Plan
September 12th, 2008
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