SBI announces 48% div under SBI Magnum Midcap Fund
17/03/2015 11:08
SBI Mutual Fund has announced 48 per cent dividend under dividend payout option of scheme named as “SBI Magnum Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 20. The latest NAV of the scheme is Rs 31.60. The investment objective of the open ended equity diversified scheme is to provide investors with opportunities for long-term growth in capital along-with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of Midcap companies. The performance of the scheme was benchmarked against CNX Midcap Index. Sohini Andani is the fund manager of the scheme.
17/03/2015 11:08
SBI Mutual Fund has announced 48 per cent dividend under dividend payout option of scheme named as “SBI Magnum Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 20. The latest NAV of the scheme is Rs 31.60. The investment objective of the open ended equity diversified scheme is to provide investors with opportunities for long-term growth in capital along-with the liquidity of an open-ended scheme by investing predominantly in a well-diversified basket of equity stocks of Midcap companies. The performance of the scheme was benchmarked against CNX Midcap Index. Sohini Andani is the fund manager of the scheme.
