ICICI Prudential MF announces 7.5% div under Value Fund - Series 4 - DP

ICICI Prudential Mutual Fund has announced 7.5 per cent dividend under dividend payout option of scheme named as “ICICI Prudential Value Fund - Series 4 - Direct Plan” on the face value of Rs 10 per unit.

The record date for the dividend is January 23. The latest NAV of the scheme is Rs 14.57.

The investment objective of the equity-diversified scheme is to provide capital appreciation by investing in a well-diversified portfolio of stocks through fundamental analysis.

The performance of the scheme is benchmarked against S&P BSE 500. Rajat Chandak is the fund manager of the scheme.