Canara Robeco Mutual Fund extends NFO closure period for Gilt Advantage Fund

Canara Robeco new issue would now close on 23rd February instead of 21st February

Canara Robeco Mutual Fund has extended the new fund offer (NFO) period of Canara Robeco Gilt Advantage Fund. The new fund offer would now close on 23rd February instead of 21st February.

The investment objective of the scheme is to generate returns commensurate with low credit risk by predominantly investing in the portfolio comprising of short- to medium-term government securities guaranteed by central and state governments with a weighted average portfolio duration not exceeding three years. 

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ICICI Prudential Mutual Fund announces dividend

ICICI Prudential Mutual Fund has declared 24th February as the record date of dividend

ICICI Prudential Mutual Fund has announced dividend under dividend option of its seven schemes. The schemes are ICICI Pru Interval II-Quarterly Interval Plan C- Retail, ICICI Pru Interval II-Quarterly Interval Plan C- Inst, ICICI Pru MIP-DH- Retail, ICICI Pru Income Opportunities-DQ-Retail, ICICI Pru Income Opportunities-DQ-Inst, ICICI Pru Gilt-Treasury Plan-DQ-Retail and ICICI Pru MIP-DQ- Retail. The record date is 24th February.

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ING Mutual Fund renames Nifty Plus Fund

ING Mutual Fund has renamed Nifty Plus Fund to Large Cap Equity Fund

ING Mutual Fund has changed the name of its scheme-ING Nifty Plus Fund to ING Large Cap Equity Fund. This change will be in effect from 25th February.
 
After the revision, the scheme would deploy 70%-100% of its corpus in securities constituting the S&P CNX Nifty Index as against the existing 70%-95%.

The unit holders who do not agree to the revision can redeem their units from 23rd February to 24th March without any exit load. Other features of the scheme will remain same.

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