SBI MF declares dividend under Debt Fund Series 90Days - 51
Time - 27/01/2012 : 11:45
SBI Mutual Fund has declared dividend under dividend option of SBI Debt Fund Series 90 Days - 51 on the face value of Rs 10 per unit.
The quantum of dividend will be entire distributable surplus as on the record date. The record date for the dividend payout has been fixed as January 31, 2012. The scheme recorded NAV of Rs 10.2085 per unit as on January 24, 2012.
Also the scheme would mature on January 31, 2012 and accordingly, units shall be suspended from trading on the BSE limited.
SBI Debt Fund Series-90 Days-51 is a close ended debt scheme and the objective is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as government securities, PSU & corporate bonds and money market instruments maturing on or before the maturity of the scheme.
