Birla Sun Life Mutual Fund has declared dividend under the dividend option of the Birla Sun Life Fixed Term Plan - Series Y and Birla Sun Life Quarterly Interval Fund-Series 8. The fund house has fixed 7 August 2008 as the record date for the declaration of dividend for both the schemes. The fund house has decided to distribute 100% of surplus available as on record date as dividend under both the schemes. The NAV of Birla Sun Life Fixed Term Plan - Series Y under retail plan was Rs 10.8169 and that of under institutional plan was Rs 10.8596 as on 31 July 2008.
The NAV of Birla Sun Life Quarterly Interval Fund-Series 8 was Rs 10.2076 as on 31 July 2008. Birla Sun Life Fixed Term Plan - Series Y 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. Birla Sun Life Quarterly Interval Fund - Series 8 is an interval income scheme with an investment objective to generate regular income through investments in debt and money market instruments.
The NAV of Birla Sun Life Quarterly Interval Fund-Series 8 was Rs 10.2076 as on 31 July 2008. Birla Sun Life Fixed Term Plan - Series Y 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. Birla Sun Life Quarterly Interval Fund - Series 8 is an interval income scheme with an investment objective to generate regular income through investments in debt and money market instruments.
No comments:
Post a Comment