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Friday, June 19, 2009

Birla Sun Life Infrastructure Fund offers dividend

Record date for dividend is 23 June 2009

Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life Infrastructure Fund-Plan A, an open-ended growth fund. The record date for distribution of dividend is set as 23 June 2009.

The fund house has decided to declare a dividend of 10% (i.e. is Rs 1.00 per unit) on the face value of Rs 10 per unit. The scheme has recorded a NAV of Rs 12.16 per unit as on 17 June 2009.

The investment objective of the scheme is to provide medium to long-term growth of capital appreciation, by investing predominantly in a diversified portfolio of equity and equity related securities of companies that are participating in the growth and development of Infrastructure in India.

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