Mumbai:
Birla
Mutual Fund has declared quarterly dividends under the
dividend plans of Birla Income Plus and Birla Gilt Plus.
Dividends are being paid to investors whose names appear
in the register of unit-holders under the dividend plan
of these schemes as on 15 March 2002.
 Under
the Dividend Plan (Plan A) of Birla Income Plus a tax-free
dividend of 3 per cent (Rs 0.300 per unit) has been declared
for the quarter ending 15 March 2002. The aggregate dividend
distributed for this scheme in the current financial year
is 11.69 per cent (Rs 1.169 per unit). With its consistent
performance, the scheme has established itself as one
of the largest income schemes with assets under management
in excess of Rs 2,100 crore.
Under Birla Gilt
Plus, in the dividend option, a tax-free dividend of 4.54
per cent (Rs 0.454 per unit) in Liquid Plan, 7.26 per
cent (Rs 0.726 per unit) in Investment Plan and 10.89
per cent (Rs 1.089 per unit) in Long Term Plan has been
declared for the quarter ended 15 March 2002. The aggregate
dividend distributed under the dividend option
in the current financial year is 12.78 per cent (Rs 1.278
per unit) in Liquid Plan, 20.27 per cent (Rs 2.027 per
unit) in Investment Plan and 27.51 per cent (Rs 2.751
per unit) in Long Term Plan.
With assets under
management in excess of Rs 4,400 crore spread across about
3.5 lakh committed investors, Birla Sun Life AMC Ltd has
consistently endeavoured to provide investors with superior
risk-adjusted returns in a family of funds, which include
diversified and sector-specific equity schemes, balanced
and monthly income funds, and a wide range of debt and
treasury products.
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