Birla Sun Life MF declares 16% dividend on New Millenium Fund
09/09/2014 11:00
Birla Sun Life Mutual Fund has announced 16 per cent dividend under dividend payout option of scheme named as “Birla Sun Life New Millenium Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 11. The latest NAV of the scheme is Rs 20.14. The investment objective of the open-end growth scheme is to provide long term growth of capital, through a portfolio with a target allocation of 100 per cent equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The performance of the scheme is benchmarked against BSE TECk Index. Naysar Shah is the fund manager of the scheme.
09/09/2014 11:00
Birla Sun Life Mutual Fund has announced 16 per cent dividend under dividend payout option of scheme named as “Birla Sun Life New Millenium Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 11. The latest NAV of the scheme is Rs 20.14. The investment objective of the open-end growth scheme is to provide long term growth of capital, through a portfolio with a target allocation of 100 per cent equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The performance of the scheme is benchmarked against BSE TECk Index. Naysar Shah is the fund manager of the scheme.
