ICICI Prudential Discovery Fund declares dividend

ICICI Prudential Mutual Fund has declared a dividend of 15% (Rs. 1.50 per unit on Face Value of Rs.10) under dividend option of ICICI Prudential Discovery Fund. The record date for dividend has been fixed as March 30, 2011.

All investors registered in the dividend plan of ICICI Prudential Discovery Fund as on March 30, 2011 will receive this dividend. The NAV of the scheme as on March 24, 2011 under the dividend option was Rs. 19.970. (Check out -Recent MF Dividends) 

ICICI Prudential Discovery Fund is an open ended equity fund. The investment objective is to generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks.