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Birla Sun Life Mutual Fund declares 100% dividend


20 Apr 2015
Birla Sun Life Mutual Fund has announced 100 per cent dividend under dividend payout option of scheme named as “Birla Sun Life MNC Fund - Div” on the face value of Rs 10 per unit.

The record date for the dividend is April 22. The latest NAV of the scheme is Rs 171.49.

The investment objective of the open ended equity scheme is to achieve long-term growth of capital at relatively moderate levels of risk by making investments in securities of multi-national companies through a research based investment approach.

The performance of the scheme was benchmarked against CNX MNC Index. Ajay Garg is the fund manager of the scheme.

Source: Dion Global    Type: Mutual Fund Review