6.69% Div announced by Birla Sun Life Mutual Fund 14/05/2015

6.69% Div announced by Birla Sun Life Mutual Fund
14/05/2015 10:26
Birla Sun Life Mutual Fund has announced 6.69 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series LK” on the face value of Rs 10 per unit.
The record date for the dividend is May 12. The latest NAV of the scheme is Rs 163.69.
The investment objective of the close ended debt scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.