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Sun F&C MIP Declares Dividend


Sun F&C Mutual Fund has declared a monthly dividend of 0.75 per cent (Rs 0.075 per unit) in its Monthly Income Plan (MIP). The record date for the same was May 24, 2002. The current payout is marginally lower than the previous dividend of 0.775 per cent paid by the fund last month. In the current calendar 2002, the fund has paid an aggregate dividend of 4.425 per cent spread over five consecutive payments.