Birla Sun Life Mutual Fund declares 0.12 pct Dividend

Birla Sun Life Mutual Fund declares 0.12 pct Dividend
18/04/2016

Birla Sun Life Mutual Fund has announced 0.12 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Manager - Institutional Plan” on the face value of Rs 100 per unit. The record date for the dividend was 12th April 2016. The latest NAV of the scheme is Rs 100.48. The investment objective of the Open Ended Debt- Short term scheme is to provide income which is consistent with a portfolio through investments in a basket of debt and money market instruments of very short maturities with a view to provide reasonable returns.. The performance of the scheme was benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.