* Pioneer ITI Mutual Fund has announced dividend in three of its equity funds - Bluechip Fund, Prima Fund and Prima Plus Fund. The record date for the same is March 18, 2002.
The dividend payouts are - 10 per cent in Bulechip Fund, 20 per cent in Prima Plus Fund and 30 per cent in the Prima Fund. An exit load of 0.50 per cent will be applicable for investments made in the dividend plans of these schemes from March 7, 2002 to March 18, 2002 and redeemed on or before June 28, 2002.
* Zurich India Mutual Fund has announced the record date for the payment of dividend in its various schemes. Record date is March 15, 2002, in case of equity funds -- Zurich India Equity Fund, Zurich India Prudence, Zurich India Taxsaver and Zurich India Top 200.
Whereas, March 22, 2002 is the record date in the following debt schemes -- Zurich India High Interest (All the three options), Zurich India Sovereign Gilt Investment Plan and Zurich India Sovereign Gilt Provident Plan.
* Birla Sun Life has removed the entry load in its equity and balanced funds, viz. Birla Advantage Fund, Birla Equity Plan, Birla IT Fund, Birla MNC Fund and Birla Balance with effect from March 4, 2002. This implies that entry into and exit from these funds will be on a no-load basis.
* There will be no load (entry or exit) in Templeton India Income Fund for subscription applications received from March 1, 2002 to April 12, 2002, both the days inclusive. All prior investments will continue to be subject to the load structures (including the exit loads) prevalent at the time of their original investments.
