Sundaram BNP Paribas Mutual Fund has declared dividend under its scheme, Sundaram BNP Paribas India Leadership Fund. The quantum of dividend decided for distribution is 20 per cent that is Rs 2 per unit on the face value of Rs. 10 per unit. The record date decided for distribution of dividend is 11th February, 2010. Sundaram BNP Paribas India Leadership Fund is an open ended equity scheme with investment objective to achieve capital appreciation by investing in select stocks of companies. The leaders are identified as top 2 or 3 companies in any sector or sub-sector in terms of net revenue or total income. The scheme is managed by Mr. J. Venkatesan and is benchmarked against S&P Nifty.