Birla Sun Life MF declares dividend under “Birla Sun Life Enhanced Arbitrage Fund” 19/08/2014

Birla Sun Life MF declares dividend under “Birla Sun Life Enhanced Arbitrage Fund”
19/08/2014 10:42
Birla Sun Life Mutual Fund has announced 0.6000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Enhanced Arbitrage Fund” on the face value of Rs 10 per unit. The record date for the dividend is August 21. The latest NAV of the scheme is Rs 10.60. The investment objective of the open ended equity-diversified scheme is to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. Ajay Garg is the fund manager of the scheme.