1% div declared under Birla Sun Life Enhanced Arbitrage Fund - Direct Plan 23/03/2015

1% div declared under Birla Sun Life Enhanced Arbitrage Fund - Direct Plan
23/03/2015 11:00
Birla Sun Life Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Enhanced Arbitrage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 25. The latest NAV of the scheme is Rs 11.02. The investment objective of the open ended equity diversified scheme is to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future). The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Lovelish Solanki is the fund manager of the scheme.