Birla Sun Life Mutual Fund has announced the dividend under dividend option of Birla Fixed Term Plan Quarterly Series-13. The record date for the declaration of dividend is 17 July 2007. The AMC plans to distribute 100% of the distributable surplus available on the record date as dividend.
Birla Fixed Term Plan Quarterly Series-13 is a close-ended scheme launched with the objective to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme.
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