Aditya Birla SL MF announces record date for IDCW in Medium Term Plan
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Aditya Birla Sun Life Mutual Fund (MF) has informed that the Trustees of Aditya Birla Sun Life Mutual Fund have approved Thursday, September 15, 2022, as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Medium Term Plan (An open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3-4 years. A relatively high interest rate risk and relatively high credit risk), subject to availability of distributable surplus on the Record Date.
The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.1326 under Regular Plan - Quarterly IDCW, Rs 0.1358 under Direct Plan - Quarterly IDCW, Rs 0.2715 under Regular Plan - Half yearly IDCW, and Rs 0.2811 under Direct Plan - Half yearly IDCW.
