ICICI Pru Dynamic has announced August 30, 2011 as the record date for the distribution of dividend of Rs. 0.50 per unit.
The Value Research 4-star rated fund is a conservative equity opportunities fund and is well suitable for investors who can invest for 3 years and beyond. Sanjay Parekh is managing this fund since February 2011. The AAUM is at Rs. 3814.40 crores as of June 30, 2011. The Annual Portfolio Turnover Ratio : 1.17 times.
ICICI Prudential Dynamic Plan last announced a dividend of Rs. 1 per unit on February 25, 2011. Earlier to that it was on August 20, 2010 when it announced a Rs. 1 per unit dividend.
August 25th, 2011
Draft offer documents of the following Mutual fund schemes are submitted to SEBI for approval and are now put on SEBI website for public view and commenting:
DWS Treasury Plus Fund
ICICI Prudential SMART Fund Series I-N
IDFC Monthly Interval Fund Plan A and B
Kotak FMP 36M-S2, 60M-SI
Religare Aegon FMP Sr.1
Templeton Fixed Horizon Fund - Series XIII
October 7th, 2008
Draft offer documents of the following Mutual fund schemes are submitted to SEBI for approval and are now put on SEBI website for public view and commenting:
ICICI Prudential R.I.G.H.T Fund
Sundaram BNP Paribas FTP - 16-24 Months- Series P-X
Sundaram BNP Paribas FTP 180 days 1-3
September 30th, 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
ICICI Prudential Mutual Fund has announced a dividend of 15% (Rs. 1.50 per unit) in the ICICI Prudential Power Fund.
Launched in September 1994 , the portfolio of the fund comprises of large-cap and mid-cap stocks and is aimed at capturing the growth opportunities across multiple sectors in the market.
The investment objective of the fund is: “To generate capital appreciation by actively investing in equity/ equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments, to the extent permitted under the Regulations. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above so as to maximize the returns.”
The previous dividends announced under the scheme are:
March 19, 2008: 20%
September 7, 2007: 20%
March 16, 2007: 20%
August 8, 2006: 20%
December 26, 2005: 20%
The Top 10 stocks in its portfolio are:
Reliance Industries Ltd
Bharti Airtel Ltd
Infosys Technologies Ltd
Larsen & Toubro Limited
Bharat Heavy Electricals Ltd
ICICI BANK LTD.
Tata Consultancy Services Ltd.
ITC Ltd
Aditya Birla Nuvo Limited.
Oil & Natural Gas Corpn Ltd
Value Research Online gives a 3 Star rating for this fund.
September 11th, 2008