Birla Sun Life MF Declares Dividend - July 4, 2008

Birla Sun Life Mutual Fund announced to declare dividend under the dividend option of the Birla Sun Life Fixed Term Plan -Series X.

The fund house fixed 7 July 2008 as the record date for the declaration of dividend. The fund house has decided to distribute 100% of surplus available as on record date as dividend under the schemes.

The NAV of Birla Sun Life Fixed Term Plan - Series X under retail plan was Rs 10.9067 and that of under institutional plan was Rs. 10.9493 as on 1 July 2008. Birla Sun Life Fixed Term Plan - Series X is a close -end income scheme. The primary objective of the scheme is to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme