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Birla Mutual Fund Declares Dividend in Birla MIP

Birla MIP has declared a monthly dividend of 0.90 per cent (Rs. 0.090 per unit) under the Monthly Dividend and Monthly Payment Plans. The record date for the dividend is November 29, 2002.

Birla MIP, launched in November 2000 has an uninterrupted dividend history of twenty-one months. The fund has returned a reasonable 13.90 per cent since its launch.