Oct 16 set as record date for div under “Birla Sun Life Equity Fund” 14/10/2014

Oct 16 set as record date for div under “Birla Sun Life Equity Fund”
14/10/2014 10:46
Birla Sun Life Mutual Fund has announced 45 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Equity Fund” on the face value of Rs 10 per unit.
The record date for the dividend is October 16. The latest NAV of the scheme is Rs 91.03.
The investment objective of the open-end growth scheme is long term growth of capital, through a portfolio with a target allocation of 90 per cent equity and 10 per cent debt and money market securities. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Anil Shah is the fund manager of the scheme.