Wednesday, July 30, 2008

Birla Sun Life MF Declares Dividend - July 30 , 2008

Birla Sun Life Mutual Fund has declared dividend under the dividend option of the Birla Sun Life Fixed Term Debt Fund - Series 3-Plan 36. The fund house has fixed 2 August 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 Debt Fund - Series 3-Plan 36 was Rs 11.9982 as on 25 July 2008. Birla Sun Life Fixed Term Debt Fund - Series 3-Plan 36 is a close -end income scheme. The primary objective of the scheme is to generate stable returns by investing in a portfolio of fixed income securities normally maturing in line with the maturity period of the respective plan.

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