Reliance Interval Fund - Monthly Interval Fund - Series II - Institutional Plan declares dividend

The trustees of Reliance Capital Asset Management Ltd have approved June 26, 2009 as the record date for declaration of dividend under the dividend option of Reliance Interval Fund - Monthly Interval Fund - Series II - Institutional Plan. The amount of dividend will be 100% of distributable surplus as on the record date.

Accordingly dividend will be paid to all the unitholders whose names appear on the Register of investors/unitholders of the schemes, on June 26, 2009 subject to availability of distributable surplus under the scheme.

The Face Value of Mutual Fund units are Rs 10 and the dividend will be declared on per unit basis.

The NAV (Net Asset Value) of Reliance Interval Fund - Monthly Interval Fund - Series II - Institutional Plan was Rs 10.0342 on June 18, 2009. It should be noted that pursuant to payment of dividend, the NAV of the scheme would fall to the extent of dividend payout and statutory levy if any.

Past performance may or may not be sustained in the future and should not be used as a basis of comparison with other investments.

Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the objectives of the scheme will be achieved. Please read the scheme information documents / addendums of the schemes carefully before investing.

Source : Equity Bulls

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