38% dividend declared under Birla Sun Life Equity Fund 13/03/2015

38% dividend declared under Birla Sun Life Equity Fund
13/03/2015 12:02
Birla Sun Life Mutual Fund has announced 38 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 March 17. The latest NAV of the scheme is Rs 101.72. The investment objective of the open ended equity diversified scheme is to generate 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.