Oct 9 set as record date for div under “Birla Sun Life MNC Fund - Div”

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 October 09. The latest NAV of the scheme is Rs 157.73.

The investment objective of the open-ended growth 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 is benchmarked against CNX MNC Index. Ajay Garg is the fund manager of the scheme.