Reliance MF announces dividend under "Reliance Regular Savings Fund - Balanced"
Mutual Funds
dion-Religare
By Religare
Reliance Mutual Fund has declared 14.00 percent dividend under dividend payout option of scheme named "Reliance Regular Savings Fund - Balanced" on the face value of Rs 10 per unit.
The record date for the dividend is February 8. The NAV of scheme as on February 5, 2013 was at Rs 14.2740.
The investment objective of this option is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments.
The performance of the scheme is benchmarked against Crisil Balanced Fund Index and Amit Tripathi is the fund manager of the scheme
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