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Wednesday, June 10, 2009

Religare Active Income Fund offers dividend

Record date for dividend is 15 June 2009

Religare Mutual Fund has declared dividend under dividend option of Religare Active Income Fund. The record date of dividend distribution is 15 June 2009.

The quantum of dividend for Individual and HUFs will be Re 0.0438 per unit (0.438%) and for others will be Re 0.0407 per unit (0.407%). The NAV of the scheme was recorded at Rs 10.6006 per unit as on 8 June 2009.

The investment objective of the scheme is to generate optimal returns while maintaining liquidity through active management of the portfolio by investing n debt and money market instruments.

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