The Hindu Business Line : Update

UTI Asset Management has declared a dividend of 20 per cent (Rs 2 per unit) under the dividend plan of UTI Equity Tax Saving Plan. The record date is January 16.

Principal PNB Asset management has declared dividend of 50 per cent (Rs 5 per unit) in its Principal Tax Saving Fund. Record date: January 15.

ABN AMRO Mutual Fund has declared a dividend of 60 per cent (Rs.6 per unit), under the dividend option of the ABN AMRO Equity Fund. January 17 is the record date.

The Mutual Fund has announced a change in load structure for the following schemes: ABN AMRO Equity Fund, ABN AMRO Opportunities Fund and ABN AMRO Dividend Yield Fund with effect from January 8.

The Contingent Deferred Sales Charge (CDSC) in respect of each subscription/ Switch-in of units for an amount less than Rs 5 crore in value, CDSC of 1 per cent is payable if the units are redeemed /switched out within six months from the date of such subscription/switch-in. For the amount equal to Rs 5 crore or more, there is no CDSC.

In ABN AMRO Future Leaders Fund, a CDSC of 0.5 per cent is payable if the units are redeemed /switched-out within three months from date of such subscription/switch-in.

For other equity schemes of ABN AMRO Mutual Fund the changes will be effected in the systematic investment plan (SIP) & systematic transfer plan (STP) offered under respective equity schemes, wherever SIP/STP is available with respect to CDSC.

Prudential ICICI Mutual Fund has announced dividends under the dividend option of two of its schemes.

An 18 per cent dividend in Prudential ICICI FMCG Fund and a 25 per cent dividend in Prudential ICICI Emerging Star Fund is payable. The record date for the both is January 12.

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