Sundaram MF announces 10% div for its Global Advantage Fund

Sundaram Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Sundaram Global Advantage Fund” on the face value of Rs 10 per unit.

The record date for the dividend is November 28. The latest NAV of the scheme is Rs 13.89.

The investment objective of the funds of funds scheme is to Seek capital appreciation by investing in overseas markets.

J Venkatesan is the fund manager of the scheme.