Religare Mutual Fund has declared dividend on the face value of Rs 10 per unit under the dividend option of Religare Fixed Maturity Plan-Series VIII-Plan A (368 days), a close-ended debt scheme. The record date for dividend is June 11, 2012.
The quantum of dividend will be entire distributable surplus as on the record date. The scheme recorded NAV of Rs 10.9836 per unit as on June 4, 2012.
June 11, 2012 has been fixed as the record date for the purpose of determining eligible unit holders holding units of the scheme who would be entitled to the maturity/redemption proceeds on the maturity/final redemption date of the scheme.
The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the Scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Source: Accord Fintech
