Birla Sun Life MF declares dividend on FTPQS21
Birla Sun Life MF declares dividend on FTPQS21 Birla Sun Life Mutual Fund (MF) declared 0.50% dividend on Fixed Term Plan-Quarterly Series 21. The dividend proposed to be declared is Re 0.05 per unit on face value of Rs 10 per unit. The NAV of the dividend option as on Sep. 21, 2007 was Rs 10.0334. The fund house notified Sep. 28, 2007 as the record date for the purpose of declaring dividend. The final rate of dividend on units will be declared based on availability of distributable surplus, on the record date. Pursuant to payment of dividend, NAV would fall to the extent of dividend payout and statutory levy, if applicable.
