0.07% dividend declared by SBI Mutual Fund
17/05/2018 11:04
SBI Mutual Fund has announced 0.07 per cent dividend under dividend payout option of scheme named as “SBI Overnight Fund” on the face value of Rs 1000 per unit.

The record date for the dividend is May 11. The latest NAV of the scheme is Rs 1031.65.

The investment objective of the open ended liquid fund scheme is to mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments.

The performance of the scheme was benchmarked against Crisil Liquid Fund Index. R.Arun is the fund manager of the scheme.