3.5% div declared under Reliance Tax Saver Fund 11/03/2015

3.5% div declared under Reliance Tax Saver Fund
11/03/2015 11:03
Reliance Mutual Fund has announced 3.5 per cent dividend under dividend payout option of scheme named as “Reliance Tax Saver Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 13. The latest NAV of the scheme is Rs 24.17. The investment objective of the open ended equity-ELSS scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. The performance of the scheme is benchmarked against BSE 100 Index. Ashwani Kumar is the fund manager of the scheme.