Archive for September 24th, 2008
Scheme Name
ABN AMRO FIXED TERM PLAN - SERIES 14 PLAN A
Objective of Scheme
The Investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities usually maturing in line with the time profile of the fund.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
22-Sep-2008
New Fund Earliest Closure Date
30-Sep-2008
New Fund Offer Closure Date
30-Sep-2008
Indicate Load Separately
Entry Load - NIL Exit Load: 2% if investor redeems before date of maturity
Offer Price (Rs.)
10
Minimum Subscription Amount
5000
Structure
A 370 day Close-ended Income Scheme with no assured returns.
Plans and Options under the Scheme
The Scheme offers Regular Plan and Institutional Plan, which will have two Sub-Options:-
Growth Option
Dividend Option (Calendar Monthly, Calendar Quarterly, Calendar Half Yearly, Calendar Yearly, and Dividend on Maturity Option).
The Dividend Option offers Dividend Payout and Dividend Re-investment Facilities. There shall be a single portfolio under the scheme i.e. a single portfolio for the Regular and Institutional Plans.
It may be noted that,
For Dividend Payable of Rs. 500/- or less: Automatic Compulsory reinvestment.
For Dividend Payable more than Rs. 500/-: Option to choose between Payout and reinvestment.
September 24th, 2008
Wednesday, September 24, 2008 4:15:28 PM IST
Nifty closed the day at 4147.70 up 0.53% while BSE Sensex is up 76.25 points and closed at 13646.56 up 0.56%. Metal stocks are up; Consumer Durables and IT stocks closed down
NSE CNX 100 is up 0.53% while NSE CNX 500 is up 0.49%. CNX IT is down 2.16% and Bank Nifty is up 1.03%
Nifty topper of the day is Sterlite Industries. The script is up 8.18% after the management has come up and said that they are calling off the recently announced restructuring plans. Sterlite Industries last traded at 486.15 today.
Other Nifty gainers of the day include NALCO, HDFC Bank, Tata Steel, Reliance Infra, Bharti Airtel, Ambuja Cements, BHEL, Siemens and Grasim.
Nifty losers list includes Wipro, Unitech, IDEA, TCS, Tata Motors, Infosys, HDFC, NTPC, GAIL and Reliance Petroleum.
BSE Midcap and Smallcap index are up marginally 0.18% and 0.15%. Sectoral losers on the BSE today include IT, Consumer Durables, Teck, Realty and Auto while the gainers are Metal, Bankex, Power, Capital Goods amongst others.
1 U.S. dollar = 45.5601 Indian Rupees
1 U.S. dollar = 105.9546 Japanese Yens
1 U.S. dollar = 0.6829 Euros
1 Ounce Gold = $887.90
1 Barrel Crude Oil = $108.58
September 24th, 2008
Bank and Realty stocks gives gap up opening for Indian stock markets
Wednesday, September 24, 2008 10:40:34 AM IST
The Indian stock markets took a gap up opening today and are lead by Banking and Realty stocks. Nifty is up 0.97% and is at 4166.90 levels while BSE Sensex is at 13714.93 up 144.62 or 1.07%
CNX 100 is up 1% while CNX 500 is up 0.98%. CNX IT is marginally down by 0.15% while Bank Nifty is up 2.03%.
Nifty toppers include Sterlite, HDFC Bank, ICICI Bank, BPCL, DLF, Suzlon, NALCO, Tata Communications, Reliance and Reliance Power.
Large IT stocks continue to be volatile with Satyam and Wipro topping in the Nifty losers list. Bharti Airtel, Cairn, GAIL, Siemens, Ranbaxy, ITC, Hindustan Unileaver and Tata Power are the other leading losers in the early minutes of trade.
BSE Midcap and Smallcap indices are marginally in the green. IT is the lone BSE sectoral index in the red.
1 U.S. dollar = 45.5996 Indian Rupees
1 U.S. dollar = 105.2410 Japanese Yens
1 U.S. dollar = 0.6799 Euros
1 Ounce Gold = $884.40
1 Barrel Crude Oil = $106.77
September 24th, 2008