Aditya Birla SL AMC announces record date for distribution in medium term plan
Aditya Birla Sun Life AMC has announced that the Trustees of Aditya Birla Sun Life Mutual Fund approved Monday, December 16, 2024 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 0.2082 under Direct Plan- Quarterly IDCW; and 0.2000 under Regular Plan- Quarterly IDCW.