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Monday, April 27, 2009

Birla Sun Life MF declares dividend in FTP – Series AS

Record date for dividend is 30 April 2009

Birla Sun Life Mutual Fund has planned to declare dividend under the dividend option of retail and institutional plan in Birla Sun Life Fixed Term Plan- Series AS. The fund house has decided to distribute 100% of distributable surplus on face value of Rs 10 per unit as dividend on the record date of 30 April 2009.

The scheme recorded NAV of Rs 10.3630 per unit under institutional plan and Rs 10.3426 per unit under retail plan as on 23 April 2009.

Birla Sun Life Fixed Term Plan – Series AS is a close ended income scheme, with an investment objective to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme.

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