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Dividend declaration under Birla Sun Life New Millennium Fund

Time - 06/09/2010 : 15:44

Birla Sun Life Mutual Fund has announced dividend under dividend option of Birla Sun Life New Millennium Fund, an open ended growth scheme.

The amount of dividend declared is Rs 0.85 per unit as on the record date. The record date for dividend has been fixed as September 09, 2010.

The primary investment objective of the scheme to generate long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.

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