Reliance Mutual Fund has declared dividend on the face value of Rs 10 per unit under the quarterly dividend option of Reliance Medium Term Fund. The record date for dividend is June 20, 2012.
The quantum of dividend will be Rs 0.2984 per unit as on the record date. The scheme recorded NAV of Rs 11.0632 per unit as on June 13, 2012.
The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unit holders and the secondary objective is growth of capital.
Source: Accord Fintech
