Record date for dividend is 28 May 2010
Birla Sun Life Mutual Fund has announced 28 May 2010 as the record date
for declaration of dividend under the dividend option of Birla Sun Life
long Term Advantage Fund. The fund house has decided to distribute 10%
or Re 1.00 as dividend on face value of Rs 10 per unit. The scheme
recorded NAV of Rs 12.89 per unit as on 20 May 2010.
Birla Sun Life long Term Advantage Fund is a close ended diversified
equity scheme with a maturity of 5 years. Upon maturity the scheme
shall automatically be converted into an open ended scheme. The scheme
aims at providing long-term capital appreciation by investing
predominantly in a diversified portfolio of equity and equity-related
securities.