Mutual Fund Has Announced The Declaration - Sep 27, 2008

Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Birla Sun Life Monthly Income Fund under its quarterly dividend plan. The record date is set as 30 September 2008. The fund house has decided to distribute dividend of 1.575% per unit on face value i.e. Rs 0.1575 per unit as dividend under the quarterly dividend plan. The NAV is Rs 10.5086 per unit as on 24 September 2008. Pursuant to payment of dividend, the NAV of the above dividend options would fall to the extent of payout and statutory levy.