Birla MF Declares Dividend For Midcap Fund

Birla Sun Life Mutual Fund has announced dividend under Birla Midcap Fund. The dividend declared for the scheme is 60% i.e. Rs. 6 per unit on the face value of Rs. 10 per unit The record date for the scheme is 28 December 2007. The NAV of the scheme is recorded at Rs 38.22 as on 21 December 2007. Birla Midcap Fund is an open-ended growth fund with an aim to achieve long term growth of capital at controlled level of risk by primarily investing in Midcap stocks.