Sundaram BNP Paribas Balanced Fund declares 10% dividend

Sundaram BNP Paribas Mutual Fund Declares dividend of 10% in Sundaram BNP Paribas Balanced Fund. The Face Value of the scheme is Rs 10 and NAV as on 4-September-2009 was at Rs 14.5859.

The Face Value of Mutual Fund units are Rs 10 and the dividend declared is 10% or Rs 1.0 per unit. The record date has been fixed as September 11, 2009.

All the unitholders of the aforesaid scheme whose names appear in the register of unit holders as at the close of business hours on the record date are entitled for dividend.

Pursuant to payment of dividend, the NAV of the scheme would fall to the extent of the payout and statutory levy (if applicable).

All investments in mutual funds and securities are subject to market risks and the NAV of the units issued under the scheme may go up or down depending upon the factors and forces affecting the securities markets. There can be no assurance that the scheme objectives will be achieved. Past performance of the Sponsors/Mutual Fund/ Scheme(s)/AMC is not necessarily indicative of future results.

Please read the Scheme Information Document/Offer Document carefully before investing.

Source : Equity Bulls

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