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Sun F&C MIP Declares Dividend


Sun F&C MIP has declared a dividend of Rs 0.775 per cent (Rs 0.0775 per unit) in its monthly dividend option. The record date for the payment of dividend was April 24, 2002. This is the lowest dividend paid by the fund since February 2001. It paid a dividend of 1.3 percent last month. Prior to this, the fund has paid 9 consecutive monthly dividend of 0.8 percent. The fund was launched in March 2000 and has posted a total return of 9.49 percent in its growth option, as on April 24, 2002.