Saturday, December 13, 2008

Birla Sun Life MF Declares Dividend - Dec 13, 2008

Birla Sun Life Mutual Fund has declared dividend in the dividend option under retail and institutional plan of Birla Sun Life Fixed term Plan-Series AG. The fund house has decided to distribute 100% distributable surplus as dividend on the record date of 17 December 2008 on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.6170 per unit under retail plan and Rs 10.6555 per unit under institutional plan as on 11 December 2008.

Birla Sun Life Fixed term Plan-Series AG is a close-ended income scheme with an investment objective to generate current income by investing in a portfolio of fixed income securities maturing in line with the duration of the scheme.

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