Reliance MF declares 20% dividend under Reliance Small Cap Fund - Direct Plan 20/03/2015

Reliance MF declares 20% dividend under Reliance Small Cap Fund - Direct Plan
20/03/2015 10:53
Reliance Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “Reliance Small Cap Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is March 24. The latest NAV of the scheme is Rs 22.53. The investment objective of the open ended equity diversified scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and generate consistent returns by investing in debt and money market securities. The performance of the scheme was benchmarked against BSE Small-Cap Index. Sunil Singhania is the fund manager of the scheme.