Morgan Stanley Growth Fund, one of the oldest closed ended schemes launched by an International Asset Management Company has finally reached its maturity. The Scheme which was launched in 6 January 1994, matures on 19 January 2009.
On maturity after 15 long years, it shall be one of last closed ended schemes which were listed on Indian Stock Exchanges in its original form. Nowadays, mostly Open-Ended schemes are listed on Stock Exchanges by Indian Mutual Fund Companies.
Scheme Name : Morgan Stanley Growth Fund Dividend history
|
Record Date |
Dividend |
|
27-Oct-2006 |
0.75 |
|
15-Apr-2004 |
1.0 |
|
02-Jul-2001 |
075 |
|
19-May-2000 |
0.75 |
|
24-Jul-1999 |
0.75 |
Fund Objective: Morgan Stanley Growth Fund is a close-ended fund designed for long-term capital appreciation. In seeking to achieve this objective, the scheme invests primarily in equity and equity-related securities issued by Indian companies.
Asset Allocation: Under normal circumstances, at least 70% of the Scheme’s assets will be invested in Equity and Equity related securities. In addition, the Scheme may purchase debt securities which are considered to present an opportunity for long term capital appreciation.
Date of Launch – 6th January, 1994, Date of Allotment – 18th February, 1994
Listing: The Units of the Fund were listed on The Bombay Stock Exchange, The National Stock Exchange, The Calcutta Stock Exchange, The Delhi Stock Exchange, The Madras Stock Exchange and The Ahmedabad Stock Exchange. Please note that the option to trade in units of MSGF on the respective Stock Exchanges where it is listed has ceased from the commencement of the ‘No Dealing’ period fixed by the respective Stock Exchanges prior to the Record Date. Consequently, feature of listing and trading in MSGF on the respective Stock Exchanges is not available.
Load Information: N/A
Benchmark: BSE 100
To be continued…
