SBI Mutual Fund announces dividend under its 2 Schemes

SBI Mutual Fund announces dividend under SBI Magnum Balanced Fund and SBI Contra Fund, the record date for dividend is December 26, 2014.

December 23, 2014 / 11:30 IST

SBI Mutual Fund has announced dividend under the regular plan of SBI Magnum Balanced Fund and SBI Contra Fund. The record date for declaration of dividend is December 26, 2014.

The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

SBI Magnum Balanced Fund: Rs 0.75 per unit

SBI Contra Fund: Rs 2.00 per unit

first published: Dec 23, 2014 11:30 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347