Saturday, May 2, 2009

Birla Sun Life Mutual Fund Declares Payment - May 02, 2009

Birla Sun Life Mutual Fund has announced 5 May 2009 as the record date for declaration of dividend in the dividend option of retail and institutional plan of Birla Sun Life Fixed term Plan-Series AL. The fund house has decided to distribute 100% distributable surplus as dividend on the face value of Rs 10 per unit on the record date.

The scheme recorded NAV of Rs 10.8667 per unit in retail plan and Rs 10.9087 per unit under institutional plan as on 28 April 2009.

Birla Sun Life Fixed term Plan-Series AL is a close ended income scheme. The investment 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.

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