Sundaram BNP Paribas Mutual Fund has announced a dividend of 30% (i.e. Rs 3 per unit on the face value of Rs 10) under Sundaram BNP Paribas Tax Saver.

Principal Mutual has announced a dividend of 110 per cent and 25 per cent under Principal Personal Tax Saver Fund and Principal Growth Fund, respectively. The record date for the same is December 31, 2007.

The books of Principal Personal Tax Saver Fund shall remain closed for 4 days and it would be 2 days for Principal Growth Fund.

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30% Dividend under Sundaram BNP Paribas Tax Saver

Sundaram BNP Paribas Mutual Fund has announced a dividend of 30% (i.e. Rs 3 per unit on the face value of Rs 10) under Sundaram BNP Paribas Tax Saver. The record date for the same has been fixed as December 28, 2007.

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ABN AMRO Mutual Announces Merger of Schemes

ABN AMRO Mutual Fund has merged ABN AMRO Dividend Yield Fund and ABN AMRO Opportunities Fund. ABN AMRO Dividend Yield Fund will cease to to exist with effect from February 10, 2008. With this merger the fund house has revised its load structure for AMRO Opportunities Fund. The scheme will now charge an entry load of 2.25 percent for investment less than Rs 5 crores.

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UTI Children's Career Bond Plan Renamed as UTI CCP Advantage Fund

Effective January 30, 2008, UTI Mutual Fund proposes to change the name of UTI Children's Career Bond Plan to UTI CCP Advantage Fund.

After the proposed conversion, the fund would invest 70 to 100 per cent in equity and equity related instrument and up to 30 per cent in debt and money market instrument.

The fund house has also revised the load structure. From on onward the fund would start charging an entry load of 2.25 per cent. While, an exit load of 1 percent would be charge if the units are repurchased between 3-5 years, 3 percent would be charge if the units are repurchased between 1-3 years and 4 percent would be charge if the units are repurchased within 1 year.

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100% Dividend under DSPML Technology.Com Fund

DSPML Mutual declares dividend under DSPML Technology.Com Fund. The record date for the same is January 04, 2008 and the quantum of the dividend is Rs 10 per unit on the face value of Rs 10.

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