Sundaram BNP Paribas Select Midcap Fund declares 15% dividend

The Trustees of Sundaram BNP Paribas Mutual Fund have declared a dividend under the scheme Sundaram BNP Paribas Select Midcap Fund (Dividend Option). The Dividend declared per unit is Rs. 1.50/- The Face Value per Unit is Rs. 10/-

The Record date for the dividend is November 20, 2009.

The NAV of Regular Option is Rs 18.4468 as on Nov 13, 2009 and the NAV of Institutional Option is Rs. 18.4479 as on November 13, 2009..

The dividend shall be payable only to those Unit Holders whose names appear in the register of Unit Holders of the Sundaram BNP Paribas Select Midcap Fund (Dividend Option) as on Nov 20, 2009.

Distribution of the above Dividend is subject to the availability and adequacy of distributable surplus. Pursuant to payment of Dividend, the NAV of the Regular Plan of the Scheme (Dividend Option) will fall to the extent of payout and statutory levy, if any.

Source : Equity Bulls

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