Wednesday, July 29, 2009

MFs declare div before Aug 1 to woo investors

30 MF schemes declare div before Aug 1 to woo new investors
30 Mutual Fund schemes will declare dividends before August 1 to woo new investors. Investing in Mutual Funds before the date will ensue entry load. The move comes after SEBI scapped entry load effective from August 1.

Most funds have fixed July 24 deadline for dividend eligibility, while 10 funds have fixed July 31 deadline.

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