Sundaram BNP Paribas Leadership Fund announces 55% dividend
Sundaram BNP Paribas Mutual Fund has declared a dividend of 55% (Rs 5.5 per unit on face value of Rs 10) in its open ended equity Scheme - Sundaram BNP Paribas India Leadership Fund. The objective of the scheme is to achieve capital appreciation by investing in select stocks of companies, which meet criteria of ‘Leaders’ in their respective sectors/subsectors. Check out - Recent MF Dividends)
All investors registered under the dividend option of the scheme as on November 23, 2007 will receive this dividend. Please note that dividend as decided shall be paid, subject to availability of distributable surplus. Pursuant to payment of dividend, the NAV of the schemes would fall to the extent of payout and statutory levy (if applicable).
The AMC had also declared a dividend 65% (Rs 6.5 per unit on face value of Rs 10) under the dividend option of Sundaram BNP Paribas Growth Fund. The record date for the dividend was November 16, 2007.
Tags: Indian Mutual Funds, Mutual Funds dividend, Mutual Funds in India, Sundaram BNP Paribas Mutual Fund