MF News Birla Sun Life declares dividend

Birla Sun Life declares dividend

Birla Sun Life Mutual Fund to pay dividend to investors in Mid Cap Fund, Freedom Fund and India GenNext Fund

Team Cafemutual Jan 13, 2011

Birla Sun Life Mutual Fund to pay dividend to investors in Mid Cap Fund, Freedom Fund and India GenNext Fund

Mumbai: Birla Sun Life Mutual Fund has declared dividend under its schemes Birla Sun Life Mid Cap Fund-Plan A, Birla Sun Life Freedom Fund and Birla Sun Life India GenNext Fund. The record date for distribution of dividend is January 14, 2011.

The quantum of dividend decided for distribution is Rs 2, Rs 1.20 and Re 1 per unit respectively on the face value of Rs 10.

Birla Sun Life Mid Cap Fund- Plan A and Birla Sun Life India GenNext Fund are managed by Sanjay Chawla and are benchmarked against CNX Midcap and S&P Nifty, respectively. Birla Sun Life Freedom Fund is managed by Maneesh Dangi and benchmarked against CRISIL Balanced Fund Index.

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