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Sundaram Bond Saver Fund Announces Quarterly Dividend

Sundaram Bond Saver, a medium-term debt fund has announced a quarterly dividend of 3 per cent (Rs 0.30 per unit). The record date for the same has been set as December 14, 2001. Launched in November 1997, the fund has returned an annualised 13.91 per cent while maintaining a fine balance between interest income and capital appreciation from trading in gilts.