Sundaram BNP Paribas Mutual Fund  has declared a dividend of 65% (Rs 6.5 per unit on face value of Rs 10) in its open ended equity scheme - Sundaram BNP Paribas Select Focus Fund. The objective of the scheme is to achieve capital appreciation by investing in a very few select stocks. (Check out - Recent MF Dividends)

All investors registered under the dividend option of the scheme as on November 30, 2007 will receive this dividend. The last dividend declared by the scheme was of 35% in November 2006.

Over the last one year Sundaram BNP Paribas Select Focus Fund has yielded 65% as against 44.42% given by its benchmark S&P CNX Nifty, as on November 26, 2007.

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