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Sundaram Select Focus pays 20 p.c.

CHENNAI: Sundaram Select Focus, an equity fund of Sundaram Mutual, has declared a maiden dividend of 20 per cent with the record date being June 20. The NAV of the dividend option was Rs. 12.5018 on June 20, according to a release. Sundaram Select Focus is a concentrated equity fund, that seeks to provide capital appreciation by investing in a few select stocks. — Our Bureau

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