Birla Sun Life MF announces 12% div for its Frontline Equity Fund - DP 05/11/2014

Birla Sun Life MF announces 12% div for its Frontline Equity Fund - DP
05/11/2014 10:38
Birla Sun Life Mutual Fund has announced 12 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Frontline Equity Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is November 5. The latest NAV of the scheme is Rs 34.50. 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 by aiming at being as diversified across various industries and or sectors as its chosen benchmark index, BSE 200. The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Mahesh Patil is the fund manager of the scheme.