Birla Income Plus, Gilt Plus dividends
By Our Banking Bureau | 16 Mar 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.
