Birla Sun Life Mutual Fund has announced 52 percent dividend under dividend payout option of scheme named as “Birla Sun Life Index Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 25. The latest NAV of the scheme is Rs 22.41. The investment objective of the open-ended index-linked growth scheme is to generate returns commensurate with the performance of Nifty subject to tracking errors.
The performance of the scheme is benchmarked against NSE Index. Ajay Garg is the fund manager of the scheme.
Text courtesy: Dion Global Solutions Ltd.
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