New Delhi, June 04: Standard Chartered Mutual Fund today announced a Rs 0.06 dividend for every unit of its Grindlays Super Saver Income Fund Scheme, which manages assets over Rs 1,200 crore. The dividend is applicable for both the schemes of super saver income funds -- Short Term Plan "A" and "B", and the record date has been fixed as May 31, 2003.

The mutual fund arm of Standard Chartered Bank will also pay Rs 0.25 per unit dividend on its Grindlays government securities fund and another Rs 0.05 per unit on Grindlays floating rate fund, a company release said today.
Standard Chartered Mutual Fund is among the fastest growing managing six schemes involving assets of over Rs 5,500 crore. Bureau Report