Prudential ICICI AMC declare dividend on Emerging S.T.A.R Fund

Mumbai, May 19 (UNI) Prudential ICICI Asset Management Company has declared a dividend of 30 per cent or Rs 3 per unit, having face value of Rs 10 under the dividend option of the Prudential ICICI Emerging Stocks Targeted at Returns (S.T.A.R) Fund, a press release issued here today stated.

After the payment of dividend, the NAV of the dividend option of the scheme will fall to the extent of the payout and statutory levies, if any. The record date for the dividend payout was yesterday and the NAV of the dividend option under the scheme as on the record date was 23.93.

Prudential ICICI Emerging Star Fund is an open-ended equity scheme that invests in mid-cap stocks with the objective of generating long-term capital appreciation by investing in a well-diversified portfolio of mid-cap stocks and is suitable for long-term investors who are looking to diversify their overall investment portfolio as well as assume a higher level of risk for increased potential returns.

UNI JJ PM NV1634