Birla Mutual Fund has declared dividend under Birla Fixed Term Plan-Series V. The fund house has announced 2 May 2008 as the record date for distribution of dividend under Retail Plan-Dividend and Institutional Plan-Dividend in the scheme.
The scheme will distribute 100% distributable surplus as dividend on the record date on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.9965 (Retail Plan) and Rs 11.0348 (institutional Plan) per unit as on 25 April 2008.
All unit holders whose name appears in the register of unitholders of the schemeas at the close of business hours on the record date shall be eligible to receive the dividend so declared. After payment of dividend, the NAV will fall to the extent of the payout and statutory levy, if any.
The scheme will distribute 100% distributable surplus as dividend on the record date on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.9965 (Retail Plan) and Rs 11.0348 (institutional Plan) per unit as on 25 April 2008.
All unit holders whose name appears in the register of unitholders of the schemeas at the close of business hours on the record date shall be eligible to receive the dividend so declared. After payment of dividend, the NAV will fall to the extent of the payout and statutory levy, if any.
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