Record date for dividend is 29 January 2010
Religare Mutual Fund has announced the declaration of dividend on the
face value of Rs 10 per unit under dividend option of Religare Banking
Fund. The record date for dividend has been fixed as 29 January 2010.
The fund house has decided to distribute dividend of 25% (Re. 2.50 per
unit), subject to availability of distributable surplus as on the
record date. The NAV for the scheme was at Rs 14.35 as on 22 January
2010.
Religare Banking Fund is an open ended banking sector scheme with the
investment objective to generate long-term capital growth from a
portfolio of equity and equity related securities of companies engaged
in the business of banking and financial services.