Aditya Birla SL MF announces record date for distribution in Income Fund
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Aditya Birla Sun Life Mutual Fund has informed that the trustees of Aditya Birla Sun Life Mutual Fund have approved Friday, December 15, 2023, as the Record Date for declaration of distribution under the Income Distribution cum Capital Withdrawal (IDCW) option in Aditya Birla Sun Life Income Fund (An open-ended medium-term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 - 7 years. A relatively high interest rate risk and moderate 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 0.2421 under Direct Plan - Quarterly IDCW; and Rs 0.2273 under Regular Plan - Quarterly IDCW.
