Record date for dividend is 29 January 2010
Birla Sun Life Mutual Fund has declared dividend on the face value of
Rs 10 per unit under dividend option Plan A of Birla Sun Life Midcap
Fund. The record date for the dividend is set as 29 January 2010.
The quantum of the dividend will be 25% (Re 2.50 per unit), subject to
availability of distributable surplus as on the record date. The scheme
recorded NAV of Rs 27.35 as on 21 January 2010.
Birla Sun Life Midcap Fund is an open ended growth scheme with the
investment objective of long term growth of capital at controlled level
of risk by investing primarily in ‘Mid-Cap' Stocks. The level of risk
is somewhat higher than a fund focused on large and liquid stocks. Basically, the aim is to generate higher returns than a fund
focused in large and liquid stocks.