SBI Magnum TAX Gain scheme 93 announces 150% dividend

SBI Magnum TAX Gain scheme 93 has announced a dividend of 150% and the record date for eligibility is declared as March 13, 2006. The NAV of the scheme was Rs.55.26 on February 24, 2006.

The scheme has given returns of 99.9% over the last 3 years, 94.96% over the last year and 17.12% since inception. The scheme had paid a dividend of 108% in June 2005.

Source : Equity Bulls

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