Fund News

25% Dividend in Magnum MultiCap Fund

SBI Mutual Fund announced a 25% dividend (Rs 2.50 per unit on a face value of Rs 10), under the divi

SBI Mutual Fund announced a 25% dividend (Rs 2.50 per unit on a face value of Rs 10), under the dividend option of Magnum MultiCap Fund.

The record date of the same has been fixed as January 18, 2008.

This is the second dividend payout from the fund since its launch. Earlier it had paid a 20% dividend in January 2007.

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