50% div declared under Reliance Equity Opportunities Fund - IP 17/03/2015

50% div declared under Reliance Equity Opportunities Fund - IP
17/03/2015 11:01
Reliance Mutual Fund has announced 50 per cent dividend under dividend payout option of scheme named as “ Reliance Equity Opportunities Fund - Institutional Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 20. The latest NAV of the scheme is Rs 56.93. The investment objective of the open ended equity diversified scheme is to seek to generate capital appreciation and provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity-related securities and the secondary objective is to generate consistent returns by investing in Debt and Money Market securities. The performance of the scheme was benchmarked against BSE 100 Index. Shailesh Raj Bhan is the fund manager of the scheme.