Reliance Mutual Fund has declared dividend on the face value of Rs 10 per unit under retail plan and institutional plan of Reliance Equity Opportunities Fund, an open-ended diversified equity scheme. The record date for dividend has been fixed as July 24, 2009.
The quantum of dividend under both the plan will be 20% i.e. Rs 2 per unit on the face value on the record date. The NAV of the scheme was at Rs 15.8154 per unit under retail plan while Rs 19.7984 per unit under institutional plan as on July 16, 2009.
Reliance Equity Opportunities Fund is an open-ended diversified scheme with an investment objective to seek to generate capital appreciation and provide long term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities. While the secondary objective is to generate consistent returns by investing in debt as well as money market securities.
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