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ICICI PRU MUTUAL has appointed Mr Manish Gunwani as fund manager for the following schemes: ICIC Pru Focused Bluechip Equity, ICIC Pru R.I.G.H.T., ICIC Pru Indo Asia Equity and ICICI Pru Equity & Derivative Volatility Advantage fund. Mr Gunwani will replace Mr Prashant Kothari as fund manager in these schemes. The change has come into effect from last week.
IDFC MUTUAL has announced dividend under IDFC Imperial Equity Fund Plan A and Plan B. Plan A of the fund will have a dividend of Rs 1.2 a unit, while Plan B will payout Re 0.6 a unit. Both these payouts will be subject to availability of distributable surplus. The record date for dividend distribution will be January 25.
UTI MUTUAL has announced the appointment of Mr Arpit Kapoor as fund manager. Mr Kapoor will oversee investments in ADRs/GDRs and other foreign securities of all domestic schemes under the UTI Mutual banner.
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