Sun F&C Money Value Liquid Fund has introduced a dividend plan. It will come into existence on March 21, 2002. Both growth and dividend plans will have a common portfolio and similar scheme features including investment objective and asset allocation.
Entry into and exit from the fund will be on a no-load basis. For fresh subscriptions in the dividend plan, the minimum investment will be Rs 25,000 and in multiples of Re 1 thereafter. And for existing investor it will be Rs 1,000 and in multiples of Re I thereafter.
The dividend option will declare its first dividend on March 22, 2002.
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