Birla Sun Life MF declares dividend under “Birla Sun Life India Reforms Fund” 07/08/2014


Birla Sun Life MF declares dividend under “Birla Sun Life India Reforms Fund”
07/08/2014 10:37
Birla Sun Life Mutual Fund has announced 8.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life India Reforms Fund” on the face value of Rs 10 per unit. The record date for the dividend is August 08. The latest NAV of the scheme is Rs 12.15. The investment objective of the equity-diversified scheme is to generate growth and capital appreciation by building a portfolio of companies that are expected to benefit from the economic reforms, PSU divestment and increased government spending. The performance of the scheme is benchmarked against S&P CNX 500 Equity Index. Naysar Shah is the fund manager of the scheme.