Birla Sun Life Mutual Fund declares 0.6% Dividend

Birla Sun Life Mutual Fund has announced 0.6 per cent dividend under dividend payout option of scheme named as “Birla Sun Life Cash Plus - Retail Plan” on the face value of Rs 10 per unit.

The record date for the dividend was September 29. The latest NAV of the scheme is Rs 10.86.

The investment objective of the open ended equity diversified scheme is to generate income by investing predominantly in equity and equity related instruments.

The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Lovelish Solanki is the fund manager of the scheme.