ICICI Prudential Balanced Fund declares 6% dividend

The trustees of ICICI Prudential Asset Management Company Ltd have approved June 26, 2009 as the record date for declaration of 6% dividend under the dividend option of ICICI Prudential Balanced Fund.

Accordingly dividend will be paid to all the unitholders whose names appear on the Register of investors/unitholders of the schemes, on June 26, 2009 subject to availability of distributable surplus under the scheme.

The Face Value of Mutual Fund units are Rs 10 and the dividend declared is 6% or Rs 0.60 per unit.

The NAV (Net Asset Value) of the scheme was Rs 13.24 on June 18, 2009. It should be noted that pursuant to payment of dividend, the NAV of the scheme would fall to the extent of dividend payout and statutory levy if any.

Past performance may or may not be sustained in the future and should not be used as a basis of comparison with other investments.

Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the objectives of the scheme will be achieved. Please read the scheme information documents / addendums of the schemes carefully before investing.

Source : Equity Bulls

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