Birla Mutual Fund has declared dividend of 200% i.e. Rs 20.00 per unit on the face value of Rs 10 under dividend option in Birla Sun Life Tax Relief ’96 Fund. The fund has announced 25 March 2008 as the record date for dividend distribution. The scheme had NAV of Rs 102.246 per unit as on 19 March 2008.
Birla Sun Life Tax Relief ’96 Fund is an open-ended equity linked savings scheme. The investment objective of long-term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities.
Birla Sun Life Tax Relief ’96 Fund is an open-ended equity linked savings scheme. The investment objective of long-term growth of capital through a portfolio with a target allocation of 80% equity, 20% debt and money market securities.
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