16% div announced under Reliance Top 200 Fund - DP 22/01/2015

16% div announced under Reliance Top 200 Fund - DP
22/01/2015 11:05
Reliance Mutual Fund has announced 16 per cent dividend under dividend payout option of scheme named as “Reliance Top 200 Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is January 23. The latest NAV of the scheme is Rs 21.11.
The investment objective of the equity-diversified scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest and lowest market capitalization of BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities.
The performance of the scheme is benchmarked against BSE 200 Index (200 Cos). Ashwani Kumar is the fund manager of the scheme.