ICICI Prudential Asset Management Co. Ltd.  has launched new fund offer - ICICI Prudential RIGHT Fund. R.I.G.H.T. is an acronym of  Rewards of Investing and Generation of Healthy Tax Savings. It is a ten year close-ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with income tax benefit.

• Fund Type: Close-Ended (ELSS Tax-Saver)
• NFO Starts: 20th July, 2009
• NFO Ends: 09th Sep, 2009
• Exit Load: 2% if redeemed within 5 year
• Lock-in Period: 3 years
• Minimum Investment: Rs. 500

Download: ICICI R.I.G.H.T. Fund NFO Form

To Get Mutual fund forms on your mail, email request at mf@moneyvriksh.com or visit www.moneyvriksh.com/buymf

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ICICI Prudential Mutual Fund has decided to give away dividend in two schemes:

ICICI Prudential Balanced Fund

• Dividend: Rs. 0.60 per unit
• Record Date: 26th June, 2009
• NAV: Rs. 13.36 (as on 24/06/2009)

ICICI Prudential Power Fund

• Dividend: Re. 1.00 per unit.
• Record Date: 26th June, 2009
• NAV: Rs. 13.97 (as on 24/06/2009)

All Dividend announcements can be found here