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Monday, July 27, 2009

Sahara Banking & Financial Services Fund declares divided

Record date for dividend is 31 July 2009

Sahara Mutual Fund has announced dividend under dividend option of Sahara Banking & Financial Services Fund. The record date for the declaration of dividend is 31 July 2009.

The quantum of dividend is 40% (Rs 4.00 per unit) on the record date on face value of Rs 10 per unit. The NAV of the scheme was at Rs 19.2838 per unit as on 24 July 2009.

Sahara Banking & Financial Services Fund is an open ended growth fund, with an investment objective to provide long term capital appreciation through investment in equities and equities related securities of companies whose business comprise of Banking / Financial Services, either whole or in part.

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