Reliance MF declared dividend on the face value of Rs 10 per unit under dividend payout option of Reliance Fixed Horizon Fund - XX Series - 23. The record date for dividend is August 6, 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 10.9477 per unit as on July 30, 2012.
The investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
Source : Accord Fintech
