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NT Bureau
Chennai, Mar 23:

        Birla Sun Life Mutual Fund has announced a dividend of up to 100 per cent for its equity fund and up to 65 per cent for Birla Index Fund. Today is the record date (23 March) for both the dividends.

        The NAV (net asset value) for its equity fund as of 21 March was Rs 72.63 and Rs 21.26 for Birla Index Fund. Birla Sun Life Asset Manag-ement Company Ltd (BSLAMC) has grown significantly over the last 10 years, ranking among the largest fund houses in India. In addition to mutual funds, BSLAMC has a division in portfolio management, apart from managing two offshore funds. BSLAMC is a joint venture between the Aditya Birla group and Sun Life Financial of Canada.