Birla Sun Life Mutual Fund has declared dividend on the face value of Rs 10 per unit under Birla Sun Life India Gen Next Fund. The record date for dividend is June 22, 2012. The quantum of dividend will be Rs 1 per unit.
The investment objective of the scheme to target growth of capital by investing in equity / equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation.
Source: Accord Fintech