Saturday, April 11, 2009

Birla Sun Life MF Declares Dividend In FTP–Series AH - April 11, 2009

Birla Sun Life Mutual Fund has planned to declare dividend under the dividend option of Birla Sun Life Fixed Term Plan- Series AH. The fund house has decided to distribute 100% of distributable surplus on face value of Rs 10 per unit as dividend on the record date of 14 April 2009.

The scheme recorded NAV of Rs 11.2087 per unit under institutional plan and Rs 11.1671 per unit under retail plan as on 8 April 2009.

Birla Sun Life Fixed Term Plan – Series AH is a close ended income scheme, launched in December 2007 with an investment objective 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 Mutual Fund has grabbed two awards in CNBC-TV18 – CRISIL Mutual Fund of the Year Awards 2009. The fund house has been honored as Mutual Fund House of the Year and Debt Mutual Fund House of the Year.

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