Reliance MF Declares Dividend For Interval Fund

Reliance Mutual Fund has announced the declaration of dividend for Reliance Interval Fund - Monthly Interval Fund - Series I. The record date is set as 14 August 2007. The quantum of dividend under retail plan will be 0.55248 %. The quantum of dividend under institutional plan will be 0.56098 %. The NAV for the scheme under retail plan was Rs. 10.051 as on 7 August 2007. The NAV for the scheme under institutional plan was Rs. 10.052 as on 7 August 2007. Reliance Interval Fund - Monthly Interval Fund - Series I is a debt oriented interval scheme. The investment objective of the scheme is to generate regular returns and growth capital by investing in a diversified portfolio of central and state government securities and other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility.