Dividend announcement under various Reliance schemes

Reliance Mutual Fund has announced dividend under two income schemes viz. Reliance Fixed Horizon Fund-X-Series 5 and Reliance Fixed Horizon Fund-X-Series 7.

In both the schemes dividend is announced under retail, institutional and super institutional plans. The fund house has fixed September 29, 2009 as the record date for dividend declaration. The amount of dividend declared is 100% of distributable surplus.

The primary investment objective of both the 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 scheme with the objective of limiting interest rate volatility.