  In the case of using the higher derivative regularization we construct the
subtraction scheme which gives the NSVZ-like relation for the anomalous
dimension of the photino mass in softly broken ${\cal N}=1$ SQED with $N_f$
flavors in all loops. The corresponding renormalization prescription is
determined by simple boundary conditions imposed on the renormalization
constants. It allows fixing an arbitrariness of choosing finite counterterms in
every order of the perturbation theory in such a way that the renormalization
group functions defined in terms of the renormalized coupling constant satisfy
the NSVZ-like relation.
