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Monday, December 29, 2008

Reliance MF declares dividend for its interval fund

Record date for dividend is 2 January 2009

Reliance Mutual Fund has declared dividend under dividend option of Reliance Interval Fund – Quarterly Interval Fund -Series I. The record date for the dividend is 2 January 2009.

The Fund house has decided to offer dividend on the face value of Rs 10 per unit for both plans viz. retail and institutional plans. The quantum of dividend will be 100% of distributable surplus as on the record date.

The NAV for the Reliance Interval Fund – Quarterly Interval Fund -Series II under retail plan was Rs 10.2462 per unit and under Institutional plan was Rs 10.2534 per unit as on 24 December 2008.

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