Birla Sun Life Short Term Opportunities Fund declares dividend

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Updated: 29/09/2008 | 12:00 AM IST

Mutual fund

Capital Market

Monday, September 29, 2008 (New Delhi)

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Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Birla Sun Life Short Term Opportunities Fund under its institutional plan. The record date is set as 3 October 2008.

The fund house has decided to distribute dividend of 2.00% per unit on face value i.e. Rs 0.20 per unit as dividend. The NAV is Rs 10.1979 per unit as on 25 September 2008.

Birla Sun Life Short Term Opportunities Fund is an open-ended income fund with investment objective of the scheme is to generate regular income by investing primarily in investment grade fixed income securities/ money market instruments with short to medium term maturities and across the credit spectrum within the universe of investment grade rating.

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