Sundaram BNP Paribas Mutual Fund has declared dividend under its scheme Sundaram BNP Paribas Select Mid Cap Fund. The quantum of dividend decided for distribution is 15 per cent that is Rs. 1.50 per unit on the face value of Rs. 10 per unit. The record date decided for distribution of dividend is 20th November, 2009. Sundaram BNP Paribas Select Mid Cap is an open ended equity scheme, with the investment objective to achieve capital appreciation by investing in diversified stocks that are generally termed as midcaps. The scheme is managed by Satish Ramanathan and is benchmarked against BSE Mid Cap