Record date for dividend is 29 January 2010
Birla Sun Life Mutual Fund has approved the declaration of dividend on
the face value of Rs 10 per unit under dividend option in Plan A of
Birla Sun Life Frontline Equity Fund. The record date for the dividend
is set as 29 January 2010.
The quantum of the dividend will be 20% (Re 2 per unit), subject to
availability of distributable surplus as on the record date. The scheme
recorded NAV of Rs 23.46 as on 21 January 2010.
Birla Sun Life Frontline Equity Fund is an open ended growth scheme
with the investment objective of long term growth of capital, through a
portfolio with a target allocation of 100% equity aiming at being as
diversified across various industries and or sectors as its chosen
benchmark index, BSE 200. The secondary objective is income generation
and distribution of dividend.