Monday, March 23, 2009

Birla Sun Life MF Declares Dividend Under FMP- March 23, 2009

Birla Sun Life Mutual Fund has declared dividend under dividend option of Birla Sun Life Fixed Maturity Plan -Annual Series 1. The record date for declaration of dividend is 26 March 2009.

The quantum of dividend will be 3.00% i.e. Rs 0.30 per unit on face value of Rs 10 per unit on the record date. The NAV of the scheme was recorded at Rs 10.3267 per unit as on 19 March 2009.

Birla Sun Life Fixed Maturity Plan is an open-ended income scheme with the investment objective of generating regular income through investments in debt and money market instruments. The scheme would aim to derive regular income through investments in a portfolio of fixed income securities normally maturing in line with the time profile of the scheme.

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