Reliance Mutual Fund has announced 22 November 2007 as the record date for the declaration of dividends under Reliance Fixed Tenor Fund - Plan A. The AMC plans to distribute entire appreciation in the NAV as dividend.
The primary investment objective of the scheme is to seek to generate regular returns and growth of 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.
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