Sundaram BNP Paribas Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of Sundaram BNP Paribas Tax Saver Scheme. The record date for dividend has been fixed as 18 September 2009.
The quantum of dividend will be 10% i.e Rs. 1.00 per unit on the face value of the unit as on the record date. The scheme recorded NAV of Rs 14.2315 per unit as on 11 September 2009.
Sundaram BNP Paribas Tax Saver is an open end equity scheme, with an investment objective to seek capital appreciation by investing in equities and equity related instruments.