Standard Chartered MF offers series of dividends in its schemes

By It has announced a divid | 06 Jun 2003

The Grindlays Super Saver Income Fund - Short-term is a 100-per cent debt fund with no exposure to equities.

The other dividends the bank announced included Rs 0.25 per unit in the Grindlays Government Securities Fund - Short-term plan and Rs 0.05 per unit in the Grindlays Floating Rate Fund.

Standard Chartered, which has current assets of more than Rs 5,500 crore in its six schemes, manages over Rs 1,200 crore in the Grindlays Super Saver Income Fund - Short-term.