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Birla Sun Life Basic Ind Fund declares 50 pc dividend

Birla Sun Life Mutual Fund has declared 50 per cent dividend in the Birla Sun Life Basic Industries Fund-dividend option.
Birla Sun Life Mutual Fund also declared 10 per cent dividend in the Birla Sun Life Infrastructure Fund Plan A-dividend option.
The company has fixed June 23, 2009 as record date for the dividend payment.
“We have progressively deployed cash and hence our equity schemes have been able to gain from the recent market pick up,” Birla Sun Life MF CEO, Anil Kumar said.

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