Sahara Power & Natural Resources Fund declares dividend

Sahara Mutual Fund has announced a dividend of 20% (Re 2.00/- on the face value of Rs10/- per unit) under the dividend option of Sahara Power & Natural Resources Fund. The record date for dividends has been fixed as July 30, 2010.

All unit holders registered under the dividend option of the scheme as on July 30, 2010 will be eligible for this dividend. The NAV of the Scheme as on July 26, 2010 under the dividend option was Rs. 20.214. (Check out - Recent MF Dividends)

Sahara Power & Natural Resources Fund is an open ended growth fund with an objective to generate long term capital appreciation through investment in equities and equity related securities of companies engaged in the business of generation, transmission, distribution of Power or in those companies that are engaged directly or indirectly in any activity associated in the power sector or principally engaged in discovery, development, production, processing or distribution of natural resources.

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