Dividend declaration under Reliance Interval Fund-Monthly Interval Fund-Series-I

Reliance Mutual Fund has announced dividend under scheme Reliance Interval Fund-Monthly Interval Fund-Series-I. The fund house has fixed September 14, 2009 as the record date for dividend declaration.

The dividend is declared under retail and institutional plans. The amount of dividend declared is 100% of distributable surplus.

As on September 9, 2009 the net asset value stood at Rs 10.0335 per unit under institutional and Rs 10.0321 under retail plan.

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