Reliance MF declares dividend under FHF-XVI-Series 8
Time - 27/01/2012 : 11:51
Reliance Mutual Fund has declared dividend under dividend payout options of Reliance Fixed Horizon Fund (FHF)-XVI-Series 8.
The quantum of dividend per unit will be entire distributable surplus available in the scheme as on the record date. The record date for the dividend payout has been fixed as January 31, 2012. The schemes recorded NAV of Rs 10.2614 per unit as on January 24, 2012.
The primary investment objective of the scheme is 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.
