Sundaram BNP Paribas Mutual Fund has announced a 20 per cent dividend under the dividend option of Sundaram BNP Paribas S.M.I.L.E. Fund. The record date for the same has been fixed as February 23, 2007.
This is the third dividend payout from the fund. Earlier, the fund had declared a 10 per cent dividend each in October 2005 and March 2006.