Feb 20 set as record date for div under “Reliance Diversified Power Sector Fund” 19/02/2015

Feb 20 set as record date for div under “Reliance Diversified Power Sector Fund”
19/02/2015 10:10
Reliance Mutual Fund has announced 32.5 per cent dividend under dividend payout option of scheme named as “Reliance Diversified Power Sector Fund” 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 35.95. The investment objective of the equity - sector fund scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in power sector. The performance of the scheme is benchmarked against BSE Power Index. Sunil Singhania is the fund manager of the scheme.