13 Dec 2012
|Reliance Mutual Fund has declared 0.1929 per cent dividend under monthly dividend payout option of scheme named as ‘Reliance Medium Term Fund’, on the face value of Rs 10 per unit.
The record date for the dividend was December 11. The NAV of scheme as on December 12, 2012 was at Rs 10.4666.
The investment objective of ‘Reliance Medium Term Fund’, an open ended debt income scheme, is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index and Amit Tripathi is the fund manager of the scheme.