Sahara MF Declares Dividend

Sahara Mutual Fund has approved the declaration of dividend under the dividend option of Sahara Growth Fund. The record date for dividend is set as 7 September 2007. The quantum of dividend under scheme will be Rs. 7.50 per unit i.e. 75 %. The NAV for the scheme under retail plan was Rs. 28.588 as on 31 August 2007. Sahara Growth fund is an open-ended equity scheme with an objective to achieve capital appreciation through investment in equity and equity related instruments.