Sahara Power & Natural Resources Fund declares Dividend of Rs. 2/- per unit

Sahara Mutual Fund is pleased to declare 20% Dividend under Sahara Power & Natural Resources Fund. The Dividend is Tax Free in the hands of the investors.

The record date for the purpose of dividend is 30/07/2010.

All such investors under dividend option of Sahara Power & Natural Resources Fund whose name appear in the register of the unitholder's book as on the record date, would be eligible for dividend.

Announcing the dividend Mr. Naresh Kumar Garg, CEO mentioned that these sectors offers attractive opportunities as the focus of Indian growth story rest with the exponential growth of Power Sector. The portfolio oe the fund is well structured to reap the benefit.

Sahara Power & Natural Resources Fund is an Open-Ended Growth scheme that aims to generate long term capital appreciation through investment in equities and equity related securities of companies engaged in the business of generation, transmission, distribution of Power or in those companies that are engaged directly or indirectly in any activity associated in the power sector or principally engaged in discovery, development, production, processing or distribution of natural resources.

NAV of Sahara Power & Natural Resources Fund as on 23.07.2010 is Rs.13.6555.

Source : Equity Bulls

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