Record date for dividend is 25 September 2008
Reliance Mutual Fund has announced 25 September 2008 record date for declaration of dividend on the face value of Rs 10 per unit for the following mentioned schemes:
Reliance Fixed Horizon Fund -IV Series- 4, Reliance Fixed Horizon Fund -IV Series- 6, Reliance Fixed Horizon Fund -IV Series-7 and Reliance Fixed Horizon Fund-IX Series –9
The above mentioned series under Reliance Fixed Horizon Fund- IV will offer dividend under both retail and institutional plan while Reliance Fixed Horizon Fund-IX Series –9 offers dividend only for institutional plan.
The fund house has decided to distribute 100% of surplus available as on record date for these funds.
Reliance Fixed Horizon Fund IV and IX are close-ended income funds. The primary investment objective of schemes 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 series with the objective of limiting interest rate volatility.
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