Sundaram Mutual proposes 25% dividend in Select Focus
By Our Markets Bureau | 09 Sep 2003
1
Chennai:
Sundaram Mutual has proposed a dividend of 25 per cent
(Rs 2.5 per unit of Rs 10) in Sundaram Select Focus —
Dividend Option, with a record date of 12 September.
The net asset value (NAV) of the dividend option as of 5 September 2003 was Rs 14.2744.
Sundaram
Select Focus was launched in July 2002 and seeks to provide
capital appreciation by investing in very few, select
stocks, and is benchmarked against the S&P CNX NIFTY
in terms of performance.
