Tuesday, July 22, 2008

Birla Sun Life MF Declares Dividend - July 22 , 2008

Birla Sun Life Mutual Fund has declared dividend under the dividend option of the Birla Sun Life Fixed Term Plan - Series N. The fund house has fixed 25 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 N was Rs 11.2789 as on 17 July 2008. Birla Sun Life Fixed Term Plan - Series N 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.

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