Reliance MF declares dividend under 2 schemes
Reliance MF declares dividend under 2 schemes Reliance Mutual Fund (MF) declared dividend under the Monthly Income Plan and Medium Term Fund. The fund house declared 2.20% dividend on the Monthly Income Plan and 2.00% dividend on Medium Term Fund. NAVs of the two schemes stood at Rs 11.6205 and Rs 10.7226 per unit respectively. The face value of each unit in both the schemes is Rs 10. The fund house fixed Sep. 20, 2007, as the record date for the payment of dividend. Pursuant to payment of dividend the NAV will fall to the extent of dividend payout and statutory levy, if applicable. All unit holders registered on or before the record date will be eligible to receive the dividend.
