Sundaram Mutual declares dividends in 10 Equity Funds

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
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI   SEBI proposes MITRA to reduce unclaimed amount in mutual funds...