Thursday, April 17, 2008

SBI MF Declares Dividend

The SBI mutual fund has announced the declaration of dividend under dividend option of SBI Debt Fund Series-15 Months-2. The record date for dividend will be 22 April 2008.

The quantum of dividend is 100% of surplus available as on record date. The NAV of the scheme was recorded at Rs 10.3792 as on 9 April 2008.

SBI Debt Fund Series-15 Months-2 was launched in January 2007. It is a close-ended debt scheme, with an objective to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as government securities, AAA/AA+ bonds and money market instruments.

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