BSE
warns on volatility
Mumbai: The Bombay Stock Exchange on Thursday asked
its members to be vigilant about the activities of their
sub-brokers and clients and to monitor dealings closely.
"Members
are advised to be vigilant about the activities of their
sub-brokers and clients and monitor their dealings, including
co-relation of their trading activity with the financial
and other information provided by them," BSE Chief
Operating Officer Rajnikant Patel said.
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UTI
to pay 100 pc dividend in Value Fund plan
Mumbai: UTI Mutual Fund on Thursday said it would
pay 100 per cent dividend to investors in its Master Value
Fund (MVF), a plan that invests nearly all of its money
in high-growth, mid-cap stocks. The plan had paid a 30
per cent dividend in July.
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SBI
launches MF schemes for NRIs
Mumbai: SBI Mutual Fund has announced the launch
of an investment scheme targeted at NRIs. The scheme,
named Magnum NRI Investment Fund, will be open from December
15 to January 13 at a par value of Rs 10, according to
a company release.
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