15% Dividend In Standard Chartered Classic Equity Fund

Standard Chartered Mutual Fund has announced a dividend of 15% (i.e. Rs 1.50 per unit on the face value of Rs. 10) under the dividend option of Standard Chartered Classic Equity Fund. The record date for the same has been fixed as May 28, 2007. This is the second dividend being declared by the fund. In August 2006 also, the fund declared same quantum of dividend.