Birla Sun Life MF announces 60% div for its Index Fund - Direct Plan 08/10/2014

Birla Sun Life MF announces 60% div for its Index Fund - Direct Plan
08/10/2014 10:41
Birla Sun Life Mutual Fund has announced 60 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Index Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was October 7. The latest NAV of the scheme was Rs 25.97. The investment objective of the open-ended index-linked growth scheme is to generate returns commensurate with the performance of Nifty subject to tracking errors. The performance of the scheme is benchmarked against NSE Index. Ajay Garg is the fund manager of the scheme.