Sundaram Mutual Fund has declared a dividend of 30% (Rs 3 per unit on a face value of Rs 10) under the dividend option of Sundaram Rural India Fund . The record date for dividend has been fixed as December 24, 2010.
All investors registered under the dividend option of Sundaram Rural India Fund as on December 24, 2010 will receive the dividend. The NAV of the scheme as on December 20, 2010 was Rs 14.486 per unit.
Sundaram Rural India Fund is an open ended growth fund. The primary objective of the scheme is to generate consistent long term returns by investing predominantly in equity / equity related instruments of companies that are focusing on rural India.
Source: http://www.moneycontrol.com/news/mf-news/sundaram-rural-india-fund-declares-dividend-_506213.html
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