Sundaram Mutual doles out dividends in 10 schemes

Sundaram Mutual on Monday announced dividends in 10 equity funds in the last ten weeks. The dividend payouts covered about 67% of investors of dividend-yielding option of equity schemes.

The ten funds where dividends were announced are Sundaram Select Mid Cap, Sundaram Financial Services Opportunities Fund, Sundaram Growth Fund, Sundaram Select Micro Cap - Series I, Sundaram Select Micro Cap - Series II, Sundaram Rural India Fund, Sundaram Equity Multiplier Fund, Sundaram S.M.I.L.E. Fund, Sundaram Tax Saver Fund and Sundaram Select Micro Cap - Series III.

As per a company press release, more than 350,000 investors of the fund house have received dividends in the last ten weeks.