Birla Sun Life MF revises exit load under Birla Sun Life Ultra Short Term Fund
Birla Sun Life MF has announced to revise exit load structure under Birla Sun Life Ultra Short Term Fund. Accordingly, an exit load of 0.25% will be charged if units are redeemed or switched out within 90 days from the date of allotment and nil otherwise. The revised exit load structure will be effective from July 26.
Baroda Pioneer MF revises exit load under Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund
Baroda Pioneer MF has announced to revise exit load structure under Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund, an open ended debt scheme. Accordingly, the revised exit load will be nil. At present, 0.50% exit load is charged if units are redeemed within 6 months from the date of allotment. The revised exit load structure will be effective from July 29.
Birla Sun Life MF revises exit load under Birla Sun Life Short Term Opportunities Fund
Birla Sun Life MF has announced to revise exit load structure under Birla Sun Life Short Term Opportunities Fund. Accordingly, an exit load of 1% will be charged if units are redeemed or switched out within 365 days from the date of allotment and nil otherwise. The revised exit load structure will be effective from July 26.
Indiabulls MF revises exit load under Indiabulls Gilt Fund
Indiabulls MF has announced to revise exit load structure under Indiabulls Gilt Fund. Accordingly, an exit load of 0.50% will be charged if units are redeemed or switched out within 90 days from the date of allotment and nil otherwise. The revised exit load structure will be effective from July 26.
Pramerica MF revises fundamental attributes under Pramerica Equity Fund
Pramerica MF has announced changes in the fundamental attributes of Pramerica Equity Fund with effect from August 30. The primary objective of scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related securities including derivatives of large cap companies. The scheme may also invest in equity & equity related securities of other than large cap companies besides debt & money market instruments. The scheme would invest 65%-100% in equity and equity related securities (including equity derivatives) of large cap companies and up to 35% in & equity related securities of other than large cap companies (including equity derivatives). The scheme may also invest up to 35% in debt & money market instruments (including fixed income derivatives).
ICICI Prudential MF announces changes in SIP facility
ICICI Prudential MF has announced that for subscribing SIP, investors are required to submit SIP request at least 30 days prior to the date of the first debit date and SIP start date shall not be beyond 90 days from the date of submission of request for monthly SIP. These changes are applicable for all open ended schemes of the fund with effect from July 26.
ICICI Prudential MF announces changes under ICICI Prudential EquityArbitrage Fund
ICICI Prudential MF has announced that the maximum investment amount per investor across all folios, on the basis of cumulative cost, has been revised to Rs. 1 crore under ICICI Prudential Equity-Arbitrage Fund, with effect from July 26.
Religare Invesco MF announces dividend under Religare Invesco Arbitrage Fund
Religare Invesco MF has announced dividend under the dividend option and direct plan-dividend option of Religare Invesco Arbitrage Fund, an open ended equity scheme. The recommended rate of dividend is Rs. 0.09 per unit under each option on the face value of Rs. 10 per unit. The record date has been fixed as July 29.
Edelweiss MF declares dividend under Edelweiss Absolute Return Fund
Edelweiss MF has announced dividend under the dividend option of Edelweiss Absolute Return Fund, an equity-oriented scheme. The recommended rate of dividend is Rs. 0.22 per unit on the face value of Rs. 10 per unit. The record date has been fixed as July 26.
BNP Paribas MF declares dividend under BNP Paribas Dividend Yield Fund
BNP Paribas MF has announced dividend under the under the scheme and direct plan of the scheme. The recommended rate of dividend is Rs. 0.08 per unit on the face value of Rs. 10 per unit. The record date has been fixed as July 26.
ICICI Prudential MF revises exit load under ICICI Prudential Banking and PSU Debt Fund
ICICI Prudential MF has announced change in exit load under ICICI Prudential Banking and PSU Debt Fund with effect from July 22. Consequently, the revised exit load will be 0.25% of the applicable NAV if the amount sought to be redeemed or switched out, is invested for a period of up to 15 days from the date of allotment.
On the other hand, if the amount sought to be redeemed or switched out, is invested for a period of more than 15 days, the exit load will be nil from the date of allotment.
— Dominic Rebello