Birla Sunlife Mutual Fund (MF) announced that the fund house will declare dividend, under the dividend option of Birla Sunlife Quarterly Interval Fund (QIF) - Series 7.

The fund house fixed Oct. 27, 2008 as the record date for the declaration of dividend. It will declare the entire distributable surplus available on the record date, as dividend. Pursuant to payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy, if applicable. The NAV of the dividend option of the scheme stood at Rs...