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Birla Sun Life MF Declares Dividend For Medium Term Plan (11-Mar-2010)

Indian-Commodity  :  Mutual-Funds  :  Birla Sun Life MF Declares Dividend For Medium Term Plan
Birla Sun Life MF Declares Dividend For Medium Term Plan
Birla Sun Life Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option in Retail & Institutional Plan of Birla Sun Life Medium Term Plan. The record date for the dividend is set as 15 March 2010.

The quantum of the dividend will be 1.00% (Rs. 0.10 per unit) each for retail and institutional plan as on the record date. The NAV for retail and institutional plan was at Rs 10.1404 & Rs 10.1442, respectively as on 9 March 2010.

Birla Sun Life Medium Term Plan is an open ended income scheme with the primary investment objective to generate regular income through investments in debt & money market instruments in order to make regular dividend payments to unitholders & secondary objective is growth of capital.
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