“Sunrise First Mutual Fund” Distributing 50% Cash Dividend to Demat Accounts

Tue, Sep 7, 2021 10:33 AM on Latest, Dividend, Bonus & Rights,

Sunrise Capital Limited is distributing 50% cash dividend of “Sunrise First Mutual Fund” directly to bank accounts of its shareholders from 22nd Bhadra.

The fund proposed a 50% cash dividend (including tax) for the fiscal year 2077/78. The cash dividend is worth Rs 43 crores. Bhadra 16 was the book closure date. Thus, unitholders maintained before that day are entitled to the dividend payout.

Sunrise First Mutual Fund (SFMF), sponsored by Sunrise Bank and managed by Sunrise Capital, is a close-ended fund with a maturity of 10 years. As of writing, SFMF has an LTP of Rs. 12.11.