Birla Sun Life Mutual Fund has declared dividend under dividend option of Birla Sun Life Quarterly Interval Fund – Series 4 on the face value of Rs 10 per unit. The quantum of dividend will be Rs 0.1980 per unit as on the record date. The record date for the dividend payout has been fixed as September 22, 2011.
News Source – LIVE MINT.
NEW FUND LAUNCH
Taurus Mutual Fund has launched a new fund named as Taurus Fixed Maturity Plan -Series J (91 Days), a close ended debt scheme with the duration of 91 days from the date of allotment of units. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 19 September and close on 22 September 2011.
News Source – NAV INDIA.