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.
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.
PNB Basant Bonanza scheme closes on 31st March
Punjab National Bank has launched PNB Basant Bonanza Offer which provides 50% waiver of upfront fee and documentation charges for housing loans up to Rs3 crore. The scheme closes on 31st March.
The Bank has 5,000 branches across India spread over 764 cities and is the largest commercial bank which is state owned.