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Friday, June 19, 2009

Religare MF declares dividend for 375 days FMP

Record date for dividend is 24 June 2009

Religare Mutual Fund has approved 24 June 2009 as record date for declaration of dividend under regular plan of Religare Fixed Maturity Plan-375 Days-Series X, a close ended debt fund.

The quantum of dividend will be 100% of distributable surplus on face value of Rs 10.00 per unit. The NAV of scheme was recorded at Rs 10.8232 per unit as on 17 June 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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