Record date for dividend is 24 December 2009
Birla Sun Life Mutual Fund has declared dividend on the face value of
Rs 10 per unit under dividend option of Birla Sun Life Basic Industries
Fund. The record date for the dividend is set as 24 December 2009.
The quantum of the dividend will be 20% (Rs 2 per unit) as on the
record date. The scheme recorded NAV of Rs 30.08 as on 17 December
2009.
Birla Sun Life Basic Industries Fund is an open ended growth scheme
with the primary investment objective to generate long-term growth of
capital, through a portfolio with a target allocation of 100% equity,
focusing on investing in companies sensitive to economic cycles and
commodity pricing cycles. The investments will be in companies which
are often referred to as cyclical companies. The secondary objective is
income generation and distribution of dividend
