Div declared for Reliance MF’s Arbitrage Advantage Fund - Direct Plan 21/11/2014

Div declared for Reliance MF’s Arbitrage Advantage Fund - Direct Plan
21/11/2014 10:47
Reliance Mutual Fund has announced 1.5 per cent dividend under dividend payout option of scheme named as “Reliance Arbitrage Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is November 25. The latest NAV of the scheme is Rs 12.12. 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 Liquid Fund Index. Krishan Daga is the fund manager of the scheme.