30% div declared under Birla Sun Life Buy India Fund - Direct Plan 19/09/2014

30% div declared under Birla Sun Life Buy India Fund - Direct Plan
19/09/2014 11:03
Birla Sun Life Mutual Fund has announced 30.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Buy India Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was September 18. The latest NAV of the scheme was Rs 36.56. The investment objective of the open-end growth scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in businesses that are driven by India’s large population and inherent consumption patterns. The focus of the scheme will be in the consumer and healthcare sectors. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Ajay Garg is the fund manager of the scheme.