10% div announced under Sundaram S.M.I.L.E.Fund - Institutional Plan 11/11/2014

10% div announced under Sundaram S.M.I.L.E.Fund - Institutional Plan
11/11/2014 10:49
Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram S.M.I.L.E.Fund - Institutional Plan” on the face value of Rs 10 per unit.
The record date for the dividend is November 14. The latest NAV of the scheme is Rs 21.
The investment objective of the equity-diversified scheme is to achieve capital appreciation by investing mainly in small and mid-cap stocks in a diversified manner. The performance of the scheme is benchmarked against BSE 500 Index (500 Cos). S Krishnakumar is the fund manager of the scheme.