Sundaram Mutual, one of India’s
leading retail-focused mutual funds,
has declared dividends in ten (10)
equity funds in the last ten (10) weeks.
Sundaram Asset Management Company
(AMC) has paid out dividends to about sixty seven percent (67%) of its
investors who have invested in dividend option across its equity schemes.
The ten (10) equity funds in which the
dividends have been paid in last ten (10) weeks are namely; Sundaram Select Mid
Cap, Sundaram Financial Services Opportunities Fund, Sundaram Growth Fund,
Sundaram Select Micro Cap to Series I, Sundaram Select Micro Cap to
Series II, Sundaram Rural India Fund, Sundaram Equity Multiplier Fund,
Sundaram S.M.I.L.E. Fund, Sundaram Tax Saver Fund and Sundaram Select Micro
Cap to
Series III.
Mr. Harsha Viji, Managing Director, Sundaram Mutual, said that, “Sundaram Mutual has an intent
to return stock market gains to our investors whenever possible by
declaring dividends. By
declaring dividends in 10 equity funds we have fulfilled that aspiration. More
than half of our investors are in the dividend option which shows their
expectations from our fund house and of which we are attempting to fulfill
through these payouts.”
Mr. Sunil Subramaniam, Deputy
CEO, Sundaram Mutual, said, “We at Sundaram Mutual believe
that dividend paid is ‘performance delivered’. This dividend bonanza is a way
of helping retail investors book profits and it’s always great to see our
investors reap the gains of their investment with Sundaram Mutual. More than
350,000 Sundaram Mutual investors benefiting from their investments in just 10
weeks infuses a sense of satisfaction within us as it is also the culmination
of our efforts to deliver value to our investors.”
Details of the
dividends declared by Sundaram AMC in the last 3 months:
Pursuant to
the payment of dividend, NAV of the scheme(s) will fall to the extent of the
payout
Fund Quantum Record Date
Sundaram Select Mid Cap Rs.1.00 March 21, 2014
Sundaram Financial Services Opportunities Fund Rs
1.50 April 25, 2014
Sundaram Growth Fund Rs 1.50 April 25, 2014
Sundaram Select Micro Cap to
Series I Rs 0.50 paise April 28, 2014
Sundaram Select Micro Cap to
Series II Rs 0.50 paise April 28, 2014
Sundaram Rural India Fund Rs
1.00 May 02,2014
Sundaram Equity Multiplier Rs
1.00 May 02,2014
Sundaram S.M.I.L.E Rs 1.00 May
02,2014
Sundaram Tax Saver Rs 0.50
paise May 09,2014
Sundaram Select Micro Cap to
Series III Rs 0.50 paise May 23,2014
About Sundaram Mutual
Fund:
Sundaram Mutual Fund, a
major player in the fund management with retail focus, has an
accomplished and acclaimed
track record since it commenced business in 1996 with assets under
management of about
Rs.16760.47 crores (USD 2.77 billion) as on April 30, 2014.
Sundaram Mutual Fund has a
bouquet of equity and fixed-income funds catering to diverse investor
preferences.
Sundaram Mutual Fund has
43 branches across India covering all leading centers.
For more information on
Sundaram Mutual Fund, its products and product labels please visit
www.sundarammutual.com
For Media Enquiries:
Harit S. Tank
Tel.Nos.: 022 to
26819101 Dir.: 022 to 26819115 Mobile: +91 98194 55607.
Email: harittank@sundarammutual.com
or
harit.smf@gmail.com
Ajit Narasimhan
Tel.Nos.: 044 to
28569900 / Dir.: 044 to 28569809
Email: ajit@sundarammutual.com
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