Birla Index Fund declares dividend of Rs.6.50

The Trustees of Birla Index Fund has declared a dividend of Rs.6.50 (65%) per unit. The face value per unit is Rs.10.

The Fund has fixed March 23, 2007 as the record date for determining the unitholders who are eligible for the dividend. Investors who join the scheme on or before the record date will be eligible for the dividend. The Dividend Distribution is proposed subject to availability of surplus on the record date.

Pursuant to the payment of dividend, the NAV of the scheme would fall to the extent of payout and statutory levy if any. The NAV of the scheme as on March 16, 2007 is Rs.20.32.

Mutual Fund Investments are subject to market risks. Please read the offer document carefully before investing.

Source : Equity Bulls

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