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Magnum Gilt Short-term Pays Monthly Dividend

Magnum Gilt Short-term Fund has paid a monthly dividend of 0.85 per cent (Rs 0.085 per unit). The record date for the same was February 27, 2002. The current payout is down from the earlier dividend of 1 per cent declared in January 2002. Launched in December 2000, the fund has posted a total return of 12.54 per cent, as on February 26, 2002.