ICICI Prudential MF declares dividend

ICICI Prudential Mutual Fund has declared dividend under ICICI Prudential Fixed Maturity Plans-Series 42- Six Months Plan C, a close-ended debt fund.

The fund house has fixed October 14, 2008 as record date. The AMC will distribute 100% distributable surplus as dividend on the record date.

As on October 1, 2008, the net asset value (NAV) under retail plan stood at Rs 10.3907 per unit.

The objective of the scheme is to produce returns by infusing funds in a portfolio of fixed income securities/debt instruments normally maturing in line with the time profile of the scheme.