Monday, December 21, 2009

Birla Sun Life Infrastructure Fund Declares 12.50% Dividend

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 in Plan A of Birla Sun Life Infrastructure Fund. The record date for the dividend is set as 24 December 2009.

The quantum of the dividend will be 12.50% (Rs 1.25 per unit) as on the record date. The scheme recorded NAV of Rs 13.59 as on 17 December 2009.

Birla Sun Life Infrastructure Fund is an open ended growth scheme with the investment objective to provide medium to long-term 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.