Sundaram Mutual Fund declares 5% Dividend
14/06/2018 10:01
Sundaram Mutual Fund has announced 5 per cent dividend under dividend payout option of scheme named as “Sundaram Diversified Equity Fund-Direct Plan” on the face value of Rs 10 per unit.

The record date for the dividend was June 12. The latest NAV of the scheme is Rs 14.21.

The investment objective of the open ended equity scheme is to achieve capital appreciation by investing in a well-diversified basket of equities and equity related instruments.

The performance of the scheme was benchmarked against S&P BSE 200. S Krishnakumar is the fund manager of the scheme.