Dividend declaration under Reliance Monthly Interval Sr II

Reliance Mutual Fund has announced dividend under Reliance Interval Fund-Monthly Interval Fund-Series-II. The amount of dividend declared is 100% of distributable surplus.

The dividend is declared under retail and institutional plans of the scheme.

The fund house has fixed September 25, 2009 as the record date for dividend declaration. As on September 18, 2009 the net asset value stood at Rs 10.0223 under institutional plan and Rs 10.0212 under retail plan of the scheme.

The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in 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.