UTI Services Industries Fund declares 17.5% dividend

UTI Services Industries Fund has declared a dividend of 17.50%, for which the record date is October 6, 2008.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=359222

MF NAVs end sharply higher as mkts bounce back

Equity diversified NAVs ended higher with positive advance:decline ratio of 198:11 as markets witnessed smart pullback rally and got strengthened after Finance Minister and RBI clarifications on our present banking and financial system.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=359144

Insurance on MF products to continue for now: Sebi

The Securities and Exchange Board of India, or Sebi, said insurance cover for mutual fund products will continue with insurance regulator, IRDA putting on hold its decision to discontinue group cover on mutual fund products, reports CNBCTV18.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=359128

MFs that have highest weightage in Reliance, ICICI Bk

Reliance and ICICI Bank have been the weakest index stocks in the recent correction.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=359055

Sharp cut in MF NAVs as mkts tumble

Equity diversified NAVs completely washed out and ended with negative advance:decline ratio of 172 as markets got heavily battered on the back of bad global cues though they have shown some recovery in late trade, as two European financial firms were freed from credit crisis and US Congress is set to vote on a USD 700 billion bailout plan.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358873

MF NAVs decline sharply as markets tumble

Equity diversified NAVs saw sharp cut on Friday and ended with negative advance:decline ratio of 2:215 as it was a savage correction in the Indian equities led by negative global cues, as there are still uncertainties over USD 700 billion bailout package for US financial firm.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358581

Religare AEGON AMC gets SEBI nod for MF biz

Religare AEGON AMC gets SEBI nod to launch Mutual Fund business; to launch first product by Nov Dec, 2008.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358531

MF NAVs end with sharp cut as mkts decline

Equity diversified NAVs ended sharply lower with negative advance:decline ratio of 3:202 as markets remained weak throughout the day, though they managed to trim the losses to some extent. They closed lower on the day of FO expiry for the month of September.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358361

Fund houses to scrap insurance cum MF products

The bitter battle between insurance companies and mutual fund houses has taken a dramatic turn. Beginning October 1, mutual fund houses will have to withdraw all products which offer mutual funds with an insurance cover.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358315

Stick to largecap over midcap funds

In terms of performance, while largecap funds have on an average given about 23% returns over a threeyear period, midcap funds have given just about 8%. So, the pick for investment would preferably be largecap funds at this point of time and not midcap funds.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358255

UTIULIP announces 1:10 bonus

UTI Unit Linked Insurance Plan has announces a bonus of 1:10, for which the record date is September 23, 2008.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358227

MF NAVs close with positive returns in line with mkts

Equity diversified NAVs closed with positive returns and advance:decline ratio was at 199:18 as markets have rebounded with small rally after sharp fall seen on Tuesday and ended higher though they were off day\'s high. Buying was seen in metal, banking, oil, power and capital goods stocks.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=358120

MF NAVs close sharply lower as mkts decline

Equity diversified NAVs closed sharply lower with negative advance:decline ratio of 1:212 as markets got butchered in late trade and ended with deep cut on the back of huge sell off in realty, banking, technology, capital goods, telecom, metal and power stocks.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=357896

ICICI Pru Infrastructure Fund declares 15% dividend

ICICI Prudential Infrastructure Fund has announced a dividend of 15%, for which the record date has been fixed as September 26, 2008.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=357754

MF NAVs close with negative returns

Equity diversified NAVs closed lower but some funds managed to gain as markets ended with a marginal loss on the back of profit booking after witnessing choppiness for major part of the day. MF NAVs advance:decline ratio stood at 40:171.

http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=357679