Sundaram BNP Paribas has declared dividend under the dividend option of Sundaram BNP Paribas Select Mid Cap. The record date for the dividend is set as 24 April 2009.
The quantum of the dividend will be Rs 1.00 per unit i.e. 10% on face value of Rs 10 per unit on the record date. The scheme recorded a NAV of Rs 11.1433 unit as on 17 April 2009.
Sundaram BNP Paribas Select Mid Cap fund is an open ended equity fund with an objective to achieve capital appreciation by investing in diversified stocks that are generally termed as midcaps.