Sundaram Mutual Fund has announced the quarterly dividends under its income schemes. A dividend of 4.5 per cent has been declared under Sundaram Bond Saver and the record date for the same is December 20, 2002.
Under Sundaram Income Plus, a dividend of 2.5 per cent has been declared. Sundaram Select Debt, an institutional product, would also declare dividends under the dividend options for its various plans. A dividend of 3 per cent, 2 per cent, 1.2 per cent, 4 per cent and 2 per cent has been declared under the Dynamic Asset Plan, Short Term Asset Plan, Three Year Asset Plan, 5 Year Asset Plan and Long Term Asset Plan respectively. The record date for all the dividends is December 27, 2002.