State Bank of India Mutual Fund today said it has declared a dividend of 20 per cent under the dividend option of Magnum COMMA Fund, an open-ended growth scheme.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The record date has been fixed at July 25, 2008, a release issued here said.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>After the payment of dividend, the net asset value(NAV) of the scheme/option would fall to the extent of payout and statutory levy, if applicable.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Dividend distribution is subject to availability of distributable surplus and statutory levy (if any).&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>All Magnum/ Unit holders of the scheme, whose names appear in record of Registrar of SBI Mutual Fund on the aforesaid record date, will be entitled to receive dividend, the release said.</P></p><p class='TableClas'></p></table>


SBI announces 20% dividend under Magnum Fund

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