Div declared for SBI Arbitrage Opportunities Fund 27/02/2015

Div declared for SBI Arbitrage Opportunities Fund

27/02/2015 09:59
SBI Mutual Fund has announced 0.7 per cent dividend under dividend payout option of scheme named as “SBI Arbitrage Opportunities Fund” on the face value of Rs 10 per unit.
The record date for the dividend is February 27. The latest NAV of the scheme is Rs 13.12.
The investment objective of the equity - diversified scheme is to provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.
The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Suchita Shah is the fund manager of the scheme.