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Birla Mutual Fund Declares Dividend in Debt Funds

Birla Mutual Fund has declared monthly dividend in Birla MIP, an open-ended income scheme with no assured returns and Birla Bond Plus, a short-term debt fund. The Monthly Dividend Plan and Monthly Payment Plan of Birla MIP has declared a payout of 0.70 per cent (Re. 0.070 per unit ) each. And a payout of 0.65 per cent (Rs 0.065 per unit ) has been declared in Birla Bond Plus. The record date for the both the payouts is 25th October, 2002.