Dividend declared in Birla Cash Plus
By Our Markets Bureau | 04 Mar 2002
1
Mumbai:
Birla Sun Life AMC Ltd has announced a weekly dividend
under the dividend reinvestment option in Birla Cash Plus.
The
plan has declared a weekly dividend of Rs 0.015 per unit
net of the dividend tax paid by the fund. The record date
for the dividend is 1 March 2002. All investors on record
in Plan A (dividend reinvestment) as on record will be
eligible for the dividend. The dividend is tax-free in
the hands of the investor.
Launched in June 1997, Birla Cash Plus is one of Indias first liquid schemes. The scheme presents an ideal parking opportunity for investors looking to deploy their short-term surpluses and offers redemptions in 24 hours. The scheme will be available on an ex-dividend basis from 4 March 2002.
Among income schemes, BSLAMC also manages Birla Income Plus (one of Indias largest private sector income funds), Birla Gilt Plus (a dedicated government securities scheme), Birla MIP (a monthly income plan and an open-ended income scheme with no assured returns), and Birla Fixed Maturity Plan (a debt fund with multiple plans).
Other funds managed by BSLAMC include Birla Advantage Fund (a diversified equity product), Birla IT Fund (a dedicated technology fund), Birla MNC Fund (a fund investing only in MNCs), Birla Equity Plan (an open-ended, equity-linked savings scheme), and Birla Balance (a balanced fund).
Launched in June 1997, Birla Cash Plus is one of Indias first liquid schemes. The scheme presents an ideal parking opportunity for investors looking to deploy their short-term surpluses and offers redemptions in 24 hours. The scheme will be available on an ex-dividend basis from 4 March 2002.
Among income schemes, BSLAMC also manages Birla Income Plus (one of Indias largest private sector income funds), Birla Gilt Plus (a dedicated government securities scheme), Birla MIP (a monthly income plan and an open-ended income scheme with no assured returns), and Birla Fixed Maturity Plan (a debt fund with multiple plans).
Other funds managed by BSLAMC include Birla Advantage Fund (a diversified equity product), Birla IT Fund (a dedicated technology fund), Birla MNC Fund (a fund investing only in MNCs), Birla Equity Plan (an open-ended, equity-linked savings scheme), and Birla Balance (a balanced fund).
