Shriram MF declares 10.5% dividend

Mumbai: Shriram Equity and Debt Opportunities Fund, an open end equity oriented asset allocation fund  declares yet another dividend @ Rs. 1.05 per unit on the face value of Rs.10.00 under dividend option  totaling 13% within a year of the launch. The record date for the dividend is 27th October 2014. The scheme was launched on 8th November 2013 and re-opened for ongoing sale & repurchase on 6th December 2013. The Fund is managed by Partha Ray who is an alumnus of IIT, Kharagpur and IIM, Bangalore with more than 20 years in the banking industry.