Reliance Mutual Fund has announced 25 September 2008 record date for declaration of dividend on the face value of Rs 10 per unit for the following mentioned schemes: Reliance Fixed Horizon Fund -IV Series- 4, Reliance Fixed Horizon Fund -IV Series- 6, Reliance Fixed Horizon Fund -IV Series-7 and Reliance Fixed Horizon Fund-IX Series -9. The above mentioned series under Reliance Fixed Horizon Fund- IV will offer dividend under both retail and institutional plan while Reliance Fixed Horizon Fund-IX Series -9 offers dividend only for institutional plan.
The fund house has decided to distribute 100% of surplus available as on record date for these funds. Reliance Fixed Horizon Fund IV and IX are close-ended income funds. The primary investment objective of schemes 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 series with the objective of limiting interest rate volatility
The fund house has decided to distribute 100% of surplus available as on record date for these funds. Reliance Fixed Horizon Fund IV and IX are close-ended income funds. The primary investment objective of schemes 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 series with the objective of limiting interest rate volatility
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