Financial Daily from THE HINDU group of publications
Sunday, Dec 12, 2004

Investment World
Features
Stocks
Port Info
Archives

Group Sites

Investment World - Mutual Funds
Markets - Mutual Funds
Columns - Fund Watch


Tata MF launches Infrastructure Fund

  • Cholamandalam Mutual Fund has announced a dividend of 10 per cent under Chola Growth Fund - Quarterly Dividend. The record date is December 10.

  • ING Vysya Mutual Fund has introduced a daily dividend option under its ING Vysya Floating Rate Fund, with effect from December 13.

    The fund house proposes to declare a dividend on ING Vysya Domestic Opportunities Fund and ING Vysya Equity Fund. The record dates are December 17 and December 24 respectively.

  • UTI Mutual Fund has declared dividends of 20 per cent (Rs 2 per unit) under its UTI Brand Value fund and 30 per cent (Rs 3 per unit) under its UTI MNC fund. The record date is December 24.

  • Birla Mutual Fund proposes to declare dividend for Birla Dividend Yield Plus. The record date for the consideration of dividend is December 24.

  • Franklin Templeton Mutual Fund proposes to wind up its Franklin India Maxima Fund with effect from December 22. A meeting is to be held on December 15 to get approval from the majority of unitholders.

  • Tata Mutual Fund has launched a new scheme, Tata Infrastructure Fund. The fund will invest at least 70 per cent of its assets in companies in the infrastructure sector, while up to 30 per cent assets will be invested in debt or money market instruments. The fund offers dividend and growth options. The minimum investment amount is Rs 5,000. The offer closes on December 22.

  • Birla Mutual has revised the entry load for Birla Advantage Fund, Birla Dividend Yield Plus, Birla MNC, Birla Midcap, Birla India Opportunities and Birla Balance, with effect from December 10.

    The load for purchases less than Rs 2 crore is 2.25 per cent and 0.50 per cent for purchases between Rs 2 crore and Rs 5 crore. There is no entry load for amounts higher than Rs 5 crore. Exit load is nil.

    BL Research Bureau

    Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

  • Stories in this Section
    Investment quiz


    Funding your retirement
    Sponsored ADS: The checks and balances
    Separation of ownership and management
    Alliance Basic Industries: Buy
    Tata Equity P/E Fund: Hold
    One-year returns: HSBC Equity and Prima retain top slots
    ICRA Online's basis for ranking
    Fund talk
    Tata MF launches Infrastructure Fund
    Ramco Systems: Buy
    Trent: Buy
    Tata Power: Hold
    Asian Paints: Buy on declines
    TVS Motor: Hold
    Bearish near-term trend continues
    Bullish outlook for HDFC
    Query corner
    Focus of the week
    Camry: The automatic luxury choice
    Honda Activa: A worthy choice
    LIC's Jeevan Anurag
    Economics is all about `brains'
    Jury still out on dealing with insider trading
    Volatile condition may prevail
    Role of arbitrage in derivatives
    Futures guide
    Options guide
    Bata India: Pulling up its socks
    My new employer is insisting on earlier salary details
    Perk angle in standard rent
    Common sense approach to investing


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

    Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line