ICICI Prudential Dynamic Plan declares dividend

ICICI Prudential Mutual Fund has declared a dividend of 10% ((Rs. 1.00 per unit on Face Value of Rs.10) under dividend option of ICICI Prudential Dynamic Plan. The record date for dividend has been fixed as February 25, 2011. (Check out -Recent MF Dividends)

All investors registered in the dividend plan of ICICI Prudential Dynamic Plan as on February 25, 2011 will receive this dividend. The NAV of the scheme under the dividend option as on February 18, 2011 was Rs 18.766.

ICICI Prudential Dynamic Plan is an open ended equity scheme. The investment objective of the scheme seeking to generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments and derivatives.

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