Religare Mutual Fund has declared dividend under dividend option of Religare Fixed Maturity Plan 375 days - series VII - Retail Plan and Religare Fixed Maturity Plan 13 Months - series IV - Retail Plan. The record date for the same is April 5, 2009.
The quantum of dividend will be 100% of distributable surplus on face value of Rs 10.00 per unit. The NAV of Religare Fixed Maturity Plan 375 days - series VII - Retail Plan was recorded at Rs 10.6260 per unit and Religare Fixed Maturity Plan 13 Months - series IV - Retail Plan as on March 26, 2009 was at Rs 10.8864 per unit.
The objective of the schemes is to generate income by investing in a portfolio of debt as well as money market instruments normally maturing in line with the duration of the schemes.
The quantum of dividend will be 100% of distributable surplus on face value of Rs 10.00 per unit. The NAV of Religare Fixed Maturity Plan 375 days - series VII - Retail Plan was recorded at Rs 10.6260 per unit and Religare Fixed Maturity Plan 13 Months - series IV - Retail Plan as on March 26, 2009 was at Rs 10.8864 per unit.
The objective of the schemes is to generate income by investing in a portfolio of debt as well as money market instruments normally maturing in line with the duration of the schemes.
No comments:
Post a Comment