SBI Mutual Fund has announced 18 June 2012 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option of SBI Debt Fund Series-90 Days - 59.
The quantum of dividend will be entire distributable surplus as on record date.
The schemes would mature on 18 June 2012 and accordingly, units shall be suspended from trading on the BSE.
The investment objective of the schemes are to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the schemes.