Sundaram BNP Paribas MF Declares 20 Percent Dividend Under India Leadership Fund (08-Feb-2010)
Sundaram BNP Paribas Mutual Fund has declared dividend of 20% (Rs 2 per unit on the face value of Rs 10) under the dividend option of Sundaram BNP Paribas India Leadership Fund. The record date for dividend has been set as February 11, 2010. The distribution of dividend is subject to availability of distributable surplus as on the record date. All the unitholders whose names appear in the register as on the record date are eligible to receive dividend. The NAV of the scheme as on 4 February 2010 stood at Rs 12.967.
Sundaram BNP Paribas India Leadership Fund is an open ended equity scheme with an investment objective to achieve capital appreciation by investing in selected stocks of companies, which meet criteria of 'Leaders' in their respective sectors / sub sectors. The leaders are identified as top 2/3 companies in any sector / sub sector in terms of net revenue or total income.
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