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Friday, September 25, 2009

Birla Sun Life MF Declares Dividend for Monthly Income Scheme

Record date for dividend is 29 September 2009

Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under quarterly dividend option of Birla Sun Life Monthly Income Scheme. The record date for dividend has been fixed as 29 September 2009.

The quantum of dividend will be 1.76% (Rs.0.176 per unit) on the face value of the unit as on the record date. The NAV for the scheme was at Rs. 11.7722 per unit as on 23 September 2009.

Birla Sun Life Monthly Income is an open ended income scheme, with the primary investment objective to generate regular income so as to make monthly and quarterly distributions to unitholders and the secondary objective is growth of capital.

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