Sundaram Mutual Fund has declared a maiden dividend of 10% (Rs 1.0 per unit on a face value of Rs 10) under the dividend option of Sundaram PSU Opprtunities Fund. The record date for dividend has been fixed as January 07, 2011.
All investors registered under the dividend option of Sundaram PSU Opprtunities Fund as on January 07, 2011will receive the dividend. The NAV of the scheme as on January 03, 2011 is Rs 11.855 per unit.
Sundaram PSU Opprtunities Fund is an open ended equity scheme. The primary investment objective of the scheme is to generate consistent long term returns by investing predominantly in equity / equity related instruments of public sector companies.
Source: http://www.moneycontrol.com/news/mf-news/sundaram-psu-opprtunities-fund-declares-maiden-dividend_510209.html
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