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Friday, June 19, 2009

Reliance MF announces dividend under FHF VIII – Series 6

Record date for dividend is 24 June 2009

Reliance Mutual Fund has announced 24 June 2009 as the record to distribute dividend under the retail and institutional plan of Reliance Fixed Horizon Fund VIII – Series 6.

The fund house has decided to distribute 100% of distributable surplus available as on the record date as dividend on the face value of Rs 10 per unit. The scheme recorded NAV of Rs 10.2334 per unit under retail plan and Rs 10.2336 per unit under institutional plan as on 17 June 2009.

Reliance Fixed Horizon Fund VIII – Series 6 is a close ended income scheme with an investment objective to seek 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 scheme with the objective of limiting interest rate volatility.

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