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Thursday, September 03, 2009

Birla Sun Life MF Declares Dividend for Short Term Opportunities Fund

Record date for dividend is 7 September 2009

Birla Sun Life Mutual Fund has declared dividend under the dividend option of Birla Sun Life Short Term Opportunities Fund. The record date for the dividend is set as 7 September 2009.

The fund house has declared 0.3150% i.e. Rs 0.0315 per unit on the face value of Rs 10 per unit as dividend as on the record date. The NAV of institutional plan was at Rs 10.0295 per unit as on 1 September 2009.

Birla Sun Life Short Term Opportunities Fund is an open ended income scheme, with an investment objective to generate regular income by investing primarily in investment grade fixed income securities / money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.

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