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SBI Mutual Fund has declared a dividend of 7 per cent under its scheme SBI Arbitrage Opportunities Fund. The record date for the same is March 30.

Franklin Templeton Mutual Fund has declared that Templeton India Pension Plan is open for subscription by investor’s up to age of 60 years. The minimum investment amount required is Rs 10,000 in lump-sum or instalments of Rs 500 minimum till the investors reach the age of 60 years.

Birla Sun Life Mutual Fund will introduce Discipline Advantage Plan under Birla Sun Life Dynamic Bond Fund from March 30.Under the Discipline Advantage Plan, an investor will have the facility to systematically transfer his investments from the scheme to any of the eligible equity schemes. Under STP there is no entry load but an exit load of 2.5 per cent applies if the units are redeemed within two years from the date of allotment.

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