Pioneer ITI Mutual Fund has declared dividends under its three debt funds - Income Builder Account, Treasury Management Account and Monthly Income Plan.
In Income Builder Account (IBA), a dividend of 1 per cent (Rs 0.10 per unit) has been declared under the monthly dividend plan. The record date for the same is February 22, 2002. In the calendar year 2001, the fund has paid an aggregate dividend of 13.5 per cent spread over twelve consecutive payouts.
Pioneer ITI Treasury Management Account (TMA) has declared a weekly dividend of 0.145 per cent (Rs.1.45 per unit on the face value of Rs 1,000). The record date for the payment of dividend was February 21, 2002. The fund's one-month return of 0.62 per cent is slightly higher than that of the category average return of 0.61 per cent as on February 21, 2002.
In Pioneer ITI MIP, a monthly dividend of 0.75 per cent (Rs 0.075 per unit) has been declared. The record date for the same is February 22, 2002. Launched in September 2000, the fund has paid a total dividend of 11.07 per cent in fourteen consecutive payouts.