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Birla’s Frontline Equity Fund to pay 40 p.c.

CHENNAI: Birla Sun Life Mutual Fund has announced a 40 per cent (Rs. 4 per unit) dividend for the Dividend Plan of Birla Frontline Equity Fund (an open-ended growth scheme), subject to availability of distributable surplus. The record date for the dividend is June 29. The dividend will be completely tax-free in the hands of investors.

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