SBI Mutual Fund has declared dividend for SBI Debt Fund Series-18 Months-4. The record date for dividend is June 4, 2012. The quantum of dividend will be entire distributable surplus as on record date on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 11.2517 per unit as on May 28, 2012. The scheme would mature on June 4, 2012 and accordingly, units shall be suspended from trading on the NSE.
The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.
Source: Accord Fintech
