Birla Sun Life Tax Relief 96 declares 200% dividend

Birla Sun Life Mutual Fund has announced 200% dividend (Rs 20 per unit) in Birla Sun Life Tax Relief ’96 plan.

The company has fixed March 25, 2008 as record for determining the eligibility of unitholders for the dividend.

The dividend distribution is subject to availability of distributable surplus on the record date. The dividend is Rs 20 per unit on face value of Rs 10.

The NAV of the fund as on March 19, 2008 is Rs 102.25.

The NAV of the fund wil fall to the extent of payout after payment of dividend. Past performance may or may not be sustained in the future.

Disclaimer: Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing.

Source : Equity Bulls

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