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Dividend Declaration under Birla Sun Life Tax Relief 96

Birla Sun Life Mutual Fund has approved the declaration of dividend under dividend option of Birla Sun Life Tax Relief 96.The quantum of declaration will be Rs 4 per unit. The record date is March 31, 2011.

Birla Sun Life Tax Relief, launched in March 1996 is an Equity Tax Planning Fund. It has been rated as a 3-star fund as on February 28, 2011. The fund has been ranked number 11 out of 26 funds based on its trailing 5-year performance as on March 25, 2011. This is the 11th dividend declared by the fund since its launch. Prior to this, it declared a dividend of Rs 7 per unit in March 2010.