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Business News/ Money / Reliance Mutual Fund declares dividend for 3 schemes
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Reliance Mutual Fund declares dividend for 3 schemes

Reliance Mutual Fund declares dividend for 3 schemes

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New Delhi: Reliance Mutual Fund, a part of the Anil Dhirubhai Ambani Group, Sunday announced dividends for three mutual fund schemes including its banking fund.

The Reliance Banking Fund holders will receive 20% dividend, while the investors of Reliance Pharma Fund will get 15%, the company said in a statement.

Further, the company has also declared a dividend of 15% for its Tax Saver (ELSS) fund.

“Our aim has always been to maintain positivity of results and ensure that we focus on long term wealth creation for our investors through prudent investment, monitoring of trends and higher safety," Reliance Mutual Fund CEO Sundeep Sikka said.

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Published: 23 Aug 2009, 03:48 PM IST
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