Dividend in Equity Schemes:

Scheme Name	Record Date	% Dividend
ICICI Pru Real Estate Securities Fund	31st Dec 2010	10.17
Religare Growth Fund	31st Dec 2010	12.50
Tata Dividend Yield Fund	31st Dec 2010	15.00
Tata Equity Fund	31st Dec 2010	5.00

Dividend declare in MF Schemes:

Scheme Name	Record Date	% Dividend
Kotak Balance fund	29th Sept 2010	7.50
Tata Equity Opportunities Fund	30th Sept 2010	10.00
SBI Magnum Multiplier Plus 1993	1st Oct 2010	70.00

NFO Update - IDBI Junior Nifty Index Fund

IDBI Nifty Junior Index Fund
Fund Facts
Offer Opens	2nd September 2010
Offer Closes	15th September 2010
Scheme Type	Open - Ended Equity Index Fund
Minimum Investment	Rs. 5,000/- (lumpsum), Rs. 500 (SIP)
Loads	Entry – NIL Exit – 1% if redeemed before 12 months and Nil thereafter
Options	Growth, Dividend – Payout & Reinvestment
Objective	The investment objective of the scheme is to invest in the stocks and equity related instruments comprising the CNX Nifty Junior Index in the same weights as these stocks represented in the Index with the intent to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the scheme.
Fund Manager	Mr. Gautam Kaul
Benchmark	CNX Nifty Junior Index
Asset Allocation	Instrument Indicative Allocation Risk Profile Min. Max. Stocks in the CNX Nifty Junior Index and derivative instruments linked to the CNX Nifty Junior Index as and when the derivative products are made available on the same. 95% 100% Medium to High Cash and Money Market Instruments including money at call but excluding Subscription and Redemption Cash Flow 0% 5% Low to Medium
Returns of same type of fund	Scheme Name 1 Month 3 Months 1 Year 3 Years ICICI Prudential Nifty Junior Index Fund 1.86 -- -- -- Index: CNX Nifty Junior 2.01 9.01 38.11 10.96
Returns of fund managed by same fund manager	Scheme Name 1 Month 2 Months 1 Year 3 Years IDBI Nifty Index Fund 0.67 1.50 -- -- Index: S&P Nifty 0.65 1.69 15.88 6.56
Analyst View	CNX Nifty Junior (Junior Nifty) is an index comprised of the next rung of 50 most liquid stocks after S&P CNX Nifty. Infact S&P CNX Nifty and Junior Nifty may be regarded as a basket of 100 most liquid stocks in India and they are filtered out on the basis of their impact cost and market capitalizations. The fund’s portfolio, as its objective clearly states, would mimic the portfolio of Nifty Junior Index with the same stocks in the same proportions. These funds are much beneficial when bought over longer duration say more than 5-7 years when its normal to see active equity funds unable to beat the indices. And with the index tracking next 50 stocks down the line, the inherent volatility would also be higher vis-à-vis Nifty stocks. To put things in perspective, if you consider the returns from Nifty and Nifty Junior Index for last 1 year you will see a deviation of more than 22 percentage points. Thus, we would recommend investing into the fund systematically through the SIP/STP route as this would minimize the volatility in the returns in your portfolio.