Birla Sun Life Infrastructure Fund Dividend
The Indian Government is taking special initiative to revive the infrastructure space & has given a green signal towards clearances for 42 stalled projects since it presented the Budget for 2015-16. This marks a sharp uptick from the previous 9 months over which just about 50 pending investment plans were granted green signals through the project monitoring group (PMG) in the cabinet secretariat.
To reward our investors for posing faith in infrastructure as a category and distribute the benefits of fast improving outlook on infrastructure, it gives us immense pleasure to inform you that Trustees of Birla Sun Life Mutual Fund have announced dividend for Birla Sun Life Infrastructure Fund (An Open Ended Growth Scheme) with the record date of Thursday, June 11, 2015 (or the immediate following business day if that day is a non-business day), and the other details are as under:
Scheme / Plan / Option | Dividend Rate ( per unit # on face value of .10/- per unit) | NAV as on June 04, 2015 () |
Birla Sun Life Infrastructure Fund – Regular Plan Dividend Option | 1.60/- | 15.58/- |
# As reduced by the amount of applicable statutory levy. The NAV of the scheme, pursuant to pay out of dividend would fall to the extent of the payout and statutory levy (if applicable). Past performance may or may not be sustained in the future. Declaration of dividend is subject to availability of distributable surplus on the record date.
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