Birla MF pays 25% for IT, MNC funds

Birla MF pays 25% for IT, MNC funds

MUMBAI: Birla Mutual Fund, India's largest private sector mutual fund, has announced a dividend of 25 per cent (Rs 2.50 per unit) on Birla IT Fund and Birla MNC Fund.

This is the first dividend for the two funds after they were taken over from Apple Mutual Fund in Dec 1999. The date for the dividend has been set at Feb 4, 2000.