Reliance Mutual Fund has declared dividend under dividend option of Reliance Interval Fund - Monthly Interval Fund -Series I. The record date for the dividend distribution is April 13, 2009. The fund house has decided to offer dividend on the face value of Rs 10 per unit for both plans- retail and institutional plans. The quantum of dividend will be 100% of distributable surplus as on the record date.
The NAV for the scheme under retail plan as on April 6, 2009 was Rs 10.0439 per unit and under institutional plan was Rs 10.0433 per unit. Reliance Interval Fund - Monthly Interval Fund, is a debt oriented interval scheme with an objective to seek to generate regular returns as well as 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.
The NAV for the scheme under retail plan as on April 6, 2009 was Rs 10.0439 per unit and under institutional plan was Rs 10.0433 per unit. Reliance Interval Fund - Monthly Interval Fund, is a debt oriented interval scheme with an objective to seek to generate regular returns as well as 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.
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