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Wednesday, January 28, 2009

SBI MF declares dividend for 90 days debt fund

Record date for dividend is 2 February 2009

SBI Mutual Fund has declared dividend under dividend option of SBI Debt Fund Series-90 days –31. The record date for the dividend is 2 February 2009.

The quantum of dividend will be 100% of the distributable surplus of the scheme as on the record date on the face value of Rs 10 per unit. The NAV under the scheme was at Rs 10.2260 per unit as on 21 January 2009.

SBI Debt Fund Series-90 days –31, a close-ended debt scheme, with an objective to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising debt instruments such as government securities, AAA/AA+ bonds and money market instruments.

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