BUSINESS

Birla Sun Life AMC's new scheme

CHENNAI: Birla Sun Life Asset Management has launched Birla Dividend Yield Plus. Explaining the salient features of this open ended scheme, Paras Adenwala, Head Equities, Birla Sun Life AMC, said the scheme was launched targeting savvy investors looking at longer term perspective and aimed at providing capital growth and income by investing primarily in a well diversified portfolio of dividend paying companies that have a relatively high dividend yield. The scheme opened for subscription on January 23 and will close on February 7.

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