SBI Mutual Fund has declared a dividend of 50% (Rs. 5.0 per unit on Face Value of Rs.10) in SBI Magnum Global Fund. The record date for dividend has been fixed as May 31, 2011.
All investors registered in the Dividend Plan of the above scheme as on May 31, 2011 will receive the dividend. The NAV of the scheme as on May 24, 2011 under the dividend option was Rs. 30.97. (Check out - Recent MF Dividends)
SBI Magnum Global Fund is an open-ended equity scheme. The investment objective is to provide the investors maximum growth opportunity through well researched investments in India equities, PCD's and FCD's from selected industries with high growth potential and bonds. For more Mutual Fund News click here
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