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Alliance Liquid Income Rechristened as Alliance Income Fund

Alliance Mutual Fund has rechristened Alliance Liquid Income, an open-ended medium term debt fund as Alliance Income Fund. The same will come in effect from July 16, 2001.

Launched in March 1997, Alliance Liquid Income has emerged as a middle of the road performer by dexterously choosing between interest rate risk and credit quality. As on July 12, 2001, the Fund has posted an annualised return of 13.12 per cent.