Zurich India MF Introduces More Dividend Options in Its Schemes
Dec 18, 2001
Zurich India Mutual Fund has introduced more dividend options in two of its schemes namely, Zurich India High Interest Fund and Zurich India Liquidity Fund Savings Plan with effect from December 24, 2001. Zurich India High Interest Fund has introduced a half-yearly (option B) and an annual dividend option (option C) in addition to the existing quarterly dividend option (option A). Unit-holders under the option A can switch over to options B and C between December 19 and December 24, 2001, at the applicable NAV of option A on first day and at the applicable NAV of options B and C, during the rest of the period. From December 26, 2001 onwards, they will be available for new investors at their respective NAVs.
Zurich India Liquidity Savings Plan has also introduced a Daily Dividend option (option A) in addition to the existing weekly dividend option (option B). Existing unit-holders of option B can switch over to option A on December 24, 2001 at the applicable NAV of option B. It will be open for new investors from December 26, 2001 onwards at its applicable NAV.