Reliance Mutual Fund has announced 25 November 2008 as the record date for declaration of dividend on the face value of Rs 10 per unit of Reliance Fixed Horizon Fund -X -Series- 14. The fund will offer dividend for retail, institutional and super institutional plans of the scheme. The fund house has decided to distribute 100% of surplus available as on the record date.The NAV of scheme under retail and institutional plan was at Rs 10.2101 per unit and super institutional plan was at Rs 10.2172 as on 18 November 2008.
Reliance Fixed Horizon Fund -X -Series- 14 is a close ended income scheme with an objective 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 objective of limiting interest rate volatility.
Reliance Fixed Horizon Fund -X -Series- 14 is a close ended income scheme with an objective 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 objective of limiting interest rate volatility.
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