When's the Book Closure for 50% Dividend of Sunrise First Mutual Fund (SFMF)?

Tue, Aug 24, 2021 11:12 AM on Latest, Mutual Fund,

Sunrise First Mutual Fund (SFMF) has declared the book closure date for its proposed dividend. The fund has proposed a 50% cash dividend (including tax) for the fiscal year 2077/78. The cash dividend is worth Rs 43 crores.

Bhadra 16 is 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.

SFMF had distributed a 7% cash dividend for the fiscal year 2076/77.

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