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SBIMF declares dividend in two schemes


The SBI Mutual Fund has declared a dividend of 1 per cent (0.935 per cent for other investors excluding individuals and HUF) under Magnum Income Plus Fund (investment option) for the period ended September 2004. The fund has also declared dividend of 0.50 per cent (0.468 per cent for other investors excluding individuals and HUF) under its Magnum NRI Investment Fund (short-term plan).

The record date for the dividend payout is September 30, 2004. All investors who have invested in the scheme as on September 30, 2004 are eligible for dividend payment.