Midcap Funds' by Dividend announcements

Dividend announcements in Birla Sun Life and ICICI Prudential Mutual Funds

With the markets going down drastically in the past few days, Mutual Funds are busy readjusting their portfolios. Needless to say, many of them are booking profits and getting their equity portfolios reduced considering that there is a possible downside of up to 4% from now on. Few fund houses went ahead and began announcing the sharing of the dividends for some of their schemes:

Here is a partial list of dividend announcements made recently:

Birla Sun Life Tax Relief 96 – Dividend of 50% of its face value - 8th Dividend
Birla Sun Life Midcap Fund – Dividend of 20% of its face value - 10th Dividend
Birla Sun Life New Millennium Fund – Dividend of 20% of its face value - 2nd Dividend
ICICI Prudential Equity and Derivatives Fund - Income Optimiser Plan - 6% on the face value
ICICI Prudential Blended Plan – Plan A - Dividend of 6% of its face valu