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SBI Mutual Fund has declared dividend under SBI Magnum Global Fund. The quantum of dividend for distribution is Rs 5 per unit. The record date is May 31.
UTI Mutual Fund has announced dividend of 5 per cent (five paise per unit) under UTI Dividend Yield Fund. The record date for dividend distribution is May 30.
RELIANCE MUTUAL has launched a fixed maturity plan to take advantage of the rising short-term rates. Reliance Fixed Horizon Fund – XIX – Series 5 is a close ended income scheme with a tenure of 368 days. The fund maturity is a little over a year, thus enabling indexation benefits on capital gains incurred at the time of maturity. Units of the scheme will later be listed on the NSE. The new fund offer will close on May 31.
BIRLA SUN LIFE Mutual has extended the NFO period of Birla Sun Life Capital Protection Oriented Fund – Series 6 up to May 31. The scheme, which is close-ended, will have a duration of 761 days.
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