Saturday, July 4, 2009

Birla Sun Life Mutual Fund India Gennext Fund Declares Dividend - July 04, 2009

Birla Sun Life Mutual Fund has decided to offer dividend under dividend option of Birla Sun Life India GenNext Fund. The record date for the dividend is 08 July 2009. The quantum of dividend will be 20.00% i.e. Rs 2.00 per unit on the face value of Rs 10 per unit. The NAV of the scheme was at Rs 13.43 per unit under as on 02 July 2009.

Birla Sun Life India GenNext Fund is an open ended growth scheme which seeks to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the consumption habits of the young generation in India.

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