Fund News

Magnum Growth Declares Dividend

SBI Mutual Fund has declared a dividend of 5.5 per cent (i.e. Rs.0.55 per unit on face value of Rs.1

SBI Mutual Fund has declared a dividend of 5.5 per cent (i.e. Rs.0.55 per unit on face value of Rs.10) in Magnum Growth Fund-99. The record date for the same was September 26, 2003. Earlier the fund has declared a 15 per cent dividend in October 1999, 15.25 per cent in December 1999 and 31 per cent in March 2000.

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