23.5% div announced under Reliance Focused Large Cap Fund - DP 20/02/2015

23.5% div announced under Reliance Focused Large Cap Fund - DP
20/02/2015 10:16
Reliance Mutual Fund has announced 23.5 per cent dividend under dividend payout option of scheme named as “Reliance Focused Large Cap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 20. The latest NAV of the scheme is Rs 23.03. The investment objective of the equity - diversified fund scheme is to generate long term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 25 companies belonging to the top 100 companies by market capitalization and / or leaders in their respective segments. The performance of the scheme is benchmarked against NSE Index. Omprakash Kuckian is the fund manager of the scheme.