Reliance MF declares dividend under “Reliance Arbitrage Advantage Fund” 22/08/2014

Reliance MF declares dividend under “Reliance Arbitrage Advantage Fund”
22/08/2014 10:52
Reliance Mutual Fund has announced 0.6000 per cent dividend under dividend payout option of scheme named as “Reliance Arbitrage Advantage Fund” on the face value of Rs 10 per unit. The record date for the dividend is August 25. The investment objective of the equity-diversified scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments. The performance of the scheme is benchmarked against Crisil Short-Term Bond Fund Index. Krishan Daga is the fund manager of the scheme.