8% div declared under Birla Sun Fixed Term Plan - Series HY - Direct Plan 17/09/2014

8% div declared under Birla Sun Fixed Term Plan - Series HY - Direct Plan
17/09/2014 11:29
Birla Sun Life Mutual Fund has announced 8.0082 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Fixed Term Plan - Series HY - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend was September 15. The latest NAV of the scheme was Rs 10.01. The investment objective of the debt-FMP 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 is benchmarked against Crisil Short-Term Bond Fund Index. Kaustubh Gupta is the fund manager of the scheme.