Friday, February 20, 2009

SBI MF declares dividend for 90 days debt fund

SBI Mutual Fund has declared dividend under dividend option of SBI Debt Fund Series-90 days -32. The record date for the same is February 24, 2009. The quantum of dividend will be 100% of the distributable surplus of the scheme as on the record date on the face value of Rs 10 per unit. The NAV under the scheme as on February 11, 2009 was at Rs 10.1953 per unit.

SBI Debt Fund Series-90 days -32 is a close-ended debt scheme with an investment objective to provide regular income as well as the liquidity and returns to the investors through investments in a portfolio comprising debt instruments and money market instruments.

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