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Alliance MIP pays quarterly & monthly dividend

Alliance Monthly Income Plan (MIP) has paid a dividend of 0.45% (Rs 0.045 per unit) and 3%(Rs 0.30 per unit) in its monthly and quarterly options respectively. The record date for the same was June 29, 2001.

Since its launch in July 1999, the fund has paid an aggregate dividend of 29.45% over 20 monthly payouts and 29.9% over 8 quarterly payouts.