Reliance Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under dividend payout option of Reliance Fixed Horizon Fund - XIX Series - 5, is a close ended income scheme. The record date for dividend is June 4, 2012.
The quantum of dividend will be entire distributable surplus available in the scheme as on the record date. The scheme recorded NAV of Rs 10.9725 per unit as on May 28, 2012.
The investment objective of the scheme is 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
Source: Accord Fintech
