Birla Sunlife Mutual Fund has announced the monthly dividend in its Bond Plus and MIP. The record date for the same is April 26, 2002.
In Birla Bond Plus, a dividend of 0.50 percent (Rs 0.05 per unit) has been declared. This is the third dividend from the fund since its launch in November 2001. The fund paid its first two dividends of 1.5 percent and 0.5 percent in February and March 2002, respectively.
Birla MIP has announced a dividend of 1 percent (Rs 0.10 per unit) in its monthly dividend option. Launched in November 2000, the fund has paid an aggregate dividend of 14.84 per cent spread over 15 monthly payouts.
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