Baroda Pioneer MF Declares Dividend for ELSS ' 96

Baroda Pioneer Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of Baroda Pioneer ELSS ' 96. The record date for dividend has been fixed as 18 February 2011.

The quantum of dividend will be Rs. 1.50 per unit. The scheme recorded NAV of Rs. 24.25 per unit as on 11 February 2011.

Baroda Pioneer ELSS ' 96 has the investment objective to provide the investors, long term capital growth as also tax benefit under section 80C of the Income Tax Act, 1961.

Source: http://www.indiainfoline.com/Markets/News/Baroda-Pioneer-MF-Declares-Dividend-for-ELSS-96/3553396847

ICICI Prudential Tax Plan declares dividend

ICICI Prudential Mutual Fund has declared a dividend of 40% (Rs 4 per unit on face value of Rs.10/-) under the dividend option of ICICI Prudential Tax Plan. The record date for the dividend as been fixed as December 4, 2009.

All unitholders registered under the dividend option of ICICI Prudential Tax Plan as on record date December 4, 2009 will be eligible for this dividend. The NAV of the scheme under the dividend option as on November 27, 2009 was Rs 20.440.

ICICI Prudential Tax Plan is an open ended equity linked savings scheme (ELSS). The investment objective of the scheme is to generate long term capital appreciation through investments primarily in equity/equity related securities of the companies.

Source: http://www.moneycontrol.com/news/mf-news/icici-prudential-tax-plan-declares-dividend_428064.html