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Wednesday, Jul 02, 2003

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Sundaram Select Mid Cap declares Rs 2.50 dividend

Our Bureau

CHENNAI, July 1

SUNDARAM Select Mid Cap, an equity fund launched by Sundaram Mutual, has declared a maiden dividend of Rs 2.50 per unit of Rs 10 face value. The scheme was launched in July 2002. The record date for the purpose of dividend of the scheme was June 27. A Sundaram Mutual media release said that the scheme had given an absolute return of 29.76 per cent since inception.

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