40% dividend in Sundaram BNP Paribas Select Midcap

Sundaram BNP Paribas Select Midcap announces a 40% dividend on 27th October 2006. This, along with the consistent outperformance this fund has shown over the past 4 years, makes it a ‘must-have’ in every investor’s portfolio. Read on to know more about this topperforming fund.

Fund Concept

The investment philosophy of Sundaram BNP Paribas Select Midcap is to try and discover not just the "hot" midcap stocks of today, but to also identify and invest in those companies that have the potential to graduate to the next level.

Top tier performer as per CRISIL rating - three quarters in a row!

The CRISIL Composite Performance Ranking (CRISIL CPR) is a quarterly ranking of mutual fund schemes based on long-term performance. The performance evaluation model is based on global best practices, customized to account for Indian market nuances. The performance criteria covers not only risk adjusted returns, which is historical, but also the portfolio constitution, to make the analysis forward looking.

Sundaram BNP Paribas Select Midcap has got a CRISIL CPR-1 Rating three quarters in a row (December 2005, March and June 2006). CRISIL CPR-1 Rating means that the fund is in the Top 10% by way of composite performance.

Among the top performers in its category according to Value Research!

Sundaram BNP Paribas Select Midcap has been awarded the prestigious ***** (5- star) rating. This rating is a measure of both returns and risk. To put it simply, this is a quantitative rating based on how the fund has performed historically, relative to all other funds in its category, for the risks it has taken. Also significant is that Sundaram BNP Paribas Select Midcap has the lowest percentage of its assets under management invested in the top 10 stocks of the portfolio, among all funds in its category. To you this means that the fund generates excellent returns without undue dependence on a few stocks.

Source : Equity Bulls

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