Birla Sun Life MF declares dividend under “Birla Sun Life Short Term Fund - Direct Plan” 03/09/2014

Birla Sun Life MF declares dividend under “Birla Sun Life Short Term Fund - Direct Plan”
03/09/2014 09:46
Birla Sun Life Mutual Fund has announced 7.0000 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Short Term Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend was September 05. The latest NAV of the scheme is Rs 10.95.
The investment objective of the open-ended income scheme is to generate income and capital appreciation by investing 100 per cent of the corpus in a diversified portfolio of debt and money market securities.
The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Prasad Dhonde is the fund manager of the scheme.