55% div declared under Birla Sun Life MNC Fund - Div 18/11/2014

55% div declared under Birla Sun Life MNC Fund - Div
18/11/2014 11:14
Birla Sun Life Mutual Fund has announced 55 per cent dividend under dividend payout option of scheme named as “Birla Sun Life MNC Fund - Div” on the face value of Rs 10 per unit.
The record date for the dividend is November 20. The latest NAV of the scheme is Rs 137.69.
The investment objective open ended equity scheme is to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach.
The performance of the scheme is benchmarked against CNX MNC Index. Ajay Garg is the fund manager of the scheme.