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Friday, April 17, 2009

Religare MF declares dividend for FMP

Record date for dividend is 22 April 2009

Religare Mutual Fund has declared dividend under dividend option of Religare Fixed Maturity Plan 15 Months – series II – Retail Plan. The record date of dividend distribution is 22 April 2009.

The quantum of dividend will be 100% of distributable surplus on face value of Rs 10.00 per unit. The NAV of the scheme was recorded at Rs 11.0651 per unit as on 15 April 2009.

The investment objective of the schemes is to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the schemes.

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