Sahara MF gives 75% dividend for growth fund, 25% for tax gain

New Delhi, Mar 14 (UNI) Sahara Mutual Fund, part of Sahara India Pariwar, today declared a 75 per cent dividend for its Growth Fund and 25 per cent dividend for its Tax Gain Fund.

The proposed record date for the dividend declaration of the Growth Fund is March 13, 2006 and for the Tax-Gain Fund is March 24, 2006.

The dividend is declared on a face value of Rs 10 per unit.

All investors who invest under the dividend option of Sahara Growth Fund and Sahara Tax Gain Fund on or before their record dates would be eligible for dividend payment.

The NAV of Sahara Growth Fund as on March 9, 2006 was Rs 27.6175 and for Sahara Tax-Gain Fund as on March 9, 2006 is Rs 19.0033.

Sahara Mutual Fund had earlier declared a dividend of 30 per cent in September 2003 and January 2005, each under its Growth Fund.

UNI RA SR BD1724