Forward Coming Dividends
Franklin Templeton Mutual Fund announces dividend for its scheme
Franklin Templeton Mutual Fund has announced dividend under Franklin Infotech Fund and FT India Dynamic PE Ratio Fund of Funds. The quantum of dividend for distribution under Franklin Infotech will be Rs. 1 per unit. Accordingly, for FT India Dynamic PE Ratio Fund of Funds, under Individuals and HUF will be Rs. 0.440 per unit and for others it will be Rs. 0.377 on the face value of Rs. 10 per unit. The record date for dividend distribution is 12th October 2012.
Revision Of Exit Load
IDFC Mutual Fund revises exit load under IDFC Super Saver Income Fund-Short Term
IDFC Mutual Fund has announced to revise exit load structure under IDFC Super Saver Income Fund-Short Term. Accordingly, an exit load of 0.50% will be charged if units are redeemed or switched out within 3 months from the date of allotment. The revised exit load structure will be effective from 8th October 2012.
SBI Mutual Fund revises exit load under SBI Short Horizon Debt Fund-Short Term Fund
SBI Mutual Fund has announced to revise exit load structure under SBI Short Horizon Debt Fund-Short Term Fund. Accordingly, an exit load of 0.25% will be charged if units are redeemed or switched out within 75 days from the date of allotment. The above change in load structure will be applicable on all prospective investments made on and after 5 October 2012.
Change In Key Personnel
Principal Mutual announces change in Key Personnel
Principal Mutual Fund has announced that Mr. Alok Vij, Independent Director has resigned from the services of the company and ceases to be the Director from the board of Principal Pnb Asset Management Company Ltd. This will be effective from 21st September 2012.
Fund House Actions
BNP Paribas Mutual Fund announces change under its schemes
BNP Paribas Mutual Fund has announced that minimum amount/units of redemption/switch out from BNP Paribas Bond Fund, BNP Paribas Short Term Income Fund, BNP Paribas Flexi Debt Fund, BNP Paribas Money Plus Fund and BNP Paribas Overnight Fund (surviving plans/schemes) shall be Rs 1000 and in multiples of Rs 1 thereafter or a minimum of 100 units (unless redemption request is for all units).
TOP PERFORMING MUTUAL FUNDS AS ON 10 OCT’2012:
TOP 3 LIQUID SCHEMS {1 Month} |
% Return |
1 Tata Liquidity Management Fund – Growth |
0.9288 |
2. Escorts Liquid Plan – Growth |
0.7501 |
3. Principal Retail Money Manger Fund – Growth |
0.7466 |
TOP 3 Floating Rate Schemes {1 Month} |
% Return |
1. ICICI Prudential Corporate Bond Fund – Plan B – Growth |
1.3224 |
2. ICICI Prudential Corporate Bond Fund – Growth |
1.3094 |
3. DSP Black Rock Income Opportunities Fund – IP – Growth |
0.8702 |
TOP 3 Short Term Income Plans {1 Month} |
% Return |
1. SBI SHDF – Short Term – Ret – Growth |
1,1362 |
2. HDFC HIF – STP – GROWTH |
1,0957 |
3. IDFC SSICF MTP – PLAN – A – GROWTH |
1,0942 |
TOP 3 Short Term Income Plans {1Year} |
% Return |
1. KOTAK BANK DEPOSIT – GROWTH |
13.8977 |
2 Kotak Bond Scheme – Plan A – Growth |
13,8873 |
3 SBI Dynamic Bond Fund – Growth |
13,123 |
Top 3 Tax Schemes (1 Year) |
% Return |
1 Principal Tax Savings Fund |
24,0989 |
2 HSBC Tax Saver Equity Fund – Growth |
24,1127 |
3 Reliance Tax Saver (ELSS) Fund – Growth |
23,6970 |
Top 3 Equity Schemes (1 Year) |
% Return |
1 ICICI Prudential Discovery Fund – Growth |
28.7832 |
2 Reliance Equity Opportunities Fund – Growth |
28.0175 |
3 Principal Emerging Blue-chip Fund – Growth |
27.2414 |
Top 3 Balanced Schemes (1 Year) |
% Return |
1 Reliance RSF – Balanced – Growth |
22.4192 |
2 Tata Balanced Fund |
20.9351 |
3 ICICI Prudential Balanced |
19.3823 |
Top 3 MIP Schemes (1 Year} |
% Return |
1. Axis Triple Advantage Fund |
15.3591 |
2 DSP Black Rock MIP Fund |
14,2030 |
3 HSBC MIP |
13,9428 |
Disclaimer: The information contained in this report has been obtained from sources considered to be authentic and reliable. However, Profit Krishna Advisory Services. is not responsible for any error or inaccuracy or for any losses suffered on account of information contained in this report. This report does not purport to be an offer for purchase and sale of mutual fund units. © Profit Krishna Advisory Services. 2012. All rights reserved. |