Monday, March 24, 2008

Investorline Services

Investorline Services

Mutual Fund - NFO Details - DSP Merrill Lynch Natural Resources & New Energy Fund

Posted: 22 Mar 2008 07:48 AM CDT

DSP Merrill Lynch Natural Resources & New Energy Fund Invest in Mutual Fund – Transact Online            Invest in Mutual Fund - Offline The growing economies like India, China and Vietnam have increased the demand for energy and natural resources. The supply of these resources is not commensurate to its demand and almost negligible hope of new discoveries, should take the prices of these resources to new highs. Investment Strategies: DSPML has brought out many new and innovative products in the past like DSP TIGER Fund which have surpassed all expected returns. Now it plans to tap the energy sector world wide and plans to invest major chunk of its funds in India which is growing at a very fast pace. Other than India it also plans to harness good returns by tapping International Energy and Natural resources market by putting 35% of its funds in BlackRock Energy fund which is the largest quoted asset management company...

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Mutual Fund - NFO Details - JM Tax Gain Fund

Posted: 22 Mar 2008 07:47 AM CDT

JM Tax Gain Fund  Invest in Mutual Fund – Transact Online            Invest in Mutual Fund - Offline JM Financial Mutual Fund has launched "JM Tax Gain Fund" an Open Ended ELSS Scheme with an objective to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. The NFO period opens on 24th December, 2007 and closes on 25th March, 2008.

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Mutual funds - Upcoming Dividends - 22 March 2008

Posted: 22 Mar 2008 07:47 AM CDT

Lotus India MF declares dividend The Lotus India mutual fund has announced the declaration of dividend under retail quarterly dividend option of Lotus India Active Income Fund. The record date for dividend will be 18 March 2008. The dividend proposed to be declared is 2.5% i.e. Re. 0.25 per unit on a face value of Rs.10 per unit. The NAV of the retail quarterly dividend option as on 13 March 2008 was Rs. 10.4507.           Birla Sun Life MF declares dividend Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Birla Sun Life Fixed Term Plan- Half Yearly-Series 3. The record date is set as 18 March 2008. The fund house has decided to distribute 100% of surplus available under option as on record date. The NAV for the scheme was Rs. 10.4075 as on 13 March 2008. Birla Sun Life Fixed Term Plan- Half Yearly-Series 3 is a close-ended income scheme with the objective to generate current...

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