Mumbai: Birla Sun Life Mutual Fund has declared dividend under its schemes Birla Sun Life Frontline Equity Fund, Birla Sun Life Advantage Fund and Birla Sun Life Basic Industries Fund. The record date for distribution of dividend is February 4, 2011.
The quantum of dividend decided for distribution is Rs 1.25, Rs 4.50 and Rs 1.15 per unit respectively on the face value of Rs 10.
Birla Sun Life Frontline Equity Fund is managed by Mahesh Patil and is benchmarked against BSE 200. Birla Sun Life Advantage Fund and Birla Sun Life Basis Industries Fund are managed by Ankit Sancheti and are benchmarked against BSE Sensex and BSE 200, respectively.