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Birla MF Announces Dividend on Two of its Schemes


Birla MF has declared quarterly dividend on the dividend plans of two of its funds – Birla Income Plus – Retail and Birla Gilt Plus. The record date for the above was September 15, 2004. The scheme-wise details are as follows:

Birla Income Plus (Retail Plan) – Gross dividends of 0.0564 per cent.
Birla Gilt Plus (Regular Plan) – Gross dividends of 0.1410 per cent.
Birla Gilt Plus (Liquid Plan) – Gross dividends of 0.1062 per cent.
Birla Gilt Plus (PF Plan) – Gross dividends of 0.1354 per cent.

These gross dividends would be subject to the existing proposal of dividend distribution tax – 12.5 per cent for individuals and HUFs and 20 per cent for all others.