10% div declared under Sundaram Select Midcap - Institutional Plan 09/10/2014

10% div declared under Sundaram Select Midcap - Institutional Plan
09/10/2014 11:26
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Select Midcap - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is October 10. The latest NAV of the scheme is Rs 25.67 . The investment objective of the open-ended equity diversified scheme is to primarily achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps. The performance of the scheme is benchmarked against BSE Mid-Cap Index. S Krishnakumar is the fund manager of the scheme.