ICICI Prudential Mutual Fund has approved the declaration of dividend under dividend option of ICICI Prudential Growth Plan. The quantum of declaration will be Rs 4.00 per unit. The record date is March 28, 2011.
ICICI Prudential Growth launched in June 1998 has been classified as an Equity Large Cap Fund. It has been rated as a 4 star fund as on February 28, 2011. The fund has also been ranked 12 out of 32 funds based on its trailing 5-year performance as on March 22, 2011. This is the 19th dividend declaration by the fund since its launch. The last dividend of Rs 1 per unit was declared in August 2010.