State Bank of India Mutual Fund has declared a dividend of 20 per cent under the dividend option of Magnum COMMA Fund, an open-ended equity scheme.    

Principal Mutual Fund and Bajaj Allianz Financial Distributors have announced their alliance for distribution of Principal Mutual Fund's products.

DBS Cholamandalam Asset Management has announced the launch of its close-ended income scheme, DBS Chola Fixed Maturity Plan-Series 9 (13 months plan).