Sundaram Mutual has proposed a 10% (Rs. 1.00 per unit on face value of Rs. 10/-) dividend in Sundaram S.M.I.L.E Fund. The record date for the dividend is March 10, 2006.
This is the second dividend from the fund since its launch in January 2005. Earlier, the fund had declared a 10% dividend in October 2005.
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