Reliance Capital MF dividends announced

By Our Banking Bureau | 18 Jun 2002

Mumbai: Reliance Capital Mutual Fund has declared a dividend at the rate of 0.723 per cent per unit (Re 0.0723 per unit in the hands of the investor), which is 8 per cent annualised, in the monthly dividend option of Reliance Income Fund.

A dividend was also declared at the rate of 2.125 per cent per unit (Re 0.2125 per unit in the hands of the investor), which is 8.25 per cent annualised, in the quarterly dividend option of Reliance Income Fund. The record date for the dividend distributions was 17 June 2002.

A dividend at the rate of 0.020 per cent per unit (Re 0.0020 per unit in the hands of the investor), which is 1.04 per cent annualised, was declared in the weekly dividend option of the treasury plan of Reliance Liquid Fund. The record date for this dividend distribution was 14 June 2002.