Birla Sun Life MF declares dividend under “Birla Sun Life Midcap Fund” 22/07/2014

Birla Sun Life MF declares dividend under “Birla Sun Life Midcap Fund”
22/07/2014 10:59
Birla Sun Life Mutual Fund has announced 25.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is July 24. The latest NAV of the scheme is Rs 28.96. The investment objective of the Open-ended growth scheme is to achieve long-term growth of capital at controlled level of risk by primarily investing in midcap stocks. The performance of the scheme is benchmarked against CNX Midcap Index. Nishit Dholakia is the fund manager of the scheme.