Birla Sun Life Mutual Fund has approved the declaration of dividend under dividend option of Birla Sun Life Dividend Yield Plus. The quantum of declaration will be Rs 0.60 per unit. The record date is June 17, 2011.
Birla Sun Life Dividend Yield Plus launched in February 2003, has been rated as a 4-star fund in Equity Mid & Small Cap category, as on May 31, 2011. The fund is ranked 3rd out of 34 funds based on a trailing 5-year performance as on June 10, 2011. This is the 24th dividend declared by the fund since its launch. Prior to this, it declared Rs 0.60 per unit dividend in February, 2011.