Sundaram MF announces div under Select Micro Cap Series III- DP 05/12/2014

Sundaram MF announces div under Select Micro Cap Series III- DP
05/12/2014 11:07
Sundaram Mutual Fund has announced 15 per cent dividend under dividend payout option of scheme named as “Sundaram Select Micro Cap Series III-Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is December 05. The latest NAV of the scheme is Rs 17.15. The investment objective of the close ended equity-diversified scheme is to seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as micro-caps. The performance of the scheme is benchmarked against S&P BSE Small-Cap. S Krishnakumar is the fund manager of the scheme.