VR Logo

Reliance Mutual Paid Dividends in Two Debt Funds

Reliance Mutual Fund has paid dividends in two of its debt funds - Income Fund (Monthly Dividend Option) and Liquid Fund. The record date for both the funds was November 19, 2001.

Reliance Income, a medium-term debt fund has paid a monthly dividend of 0.863 per cent (Rs 0.0863 per unit). This is the eighth consecutive dividend in the current financial year amounting to 5.8 per cent.

Reliance Liquid Treasury, a short-term debt fund has paid a weekly dividend of 0.226% (Rs 0.226 per unit). The fund's one-month return of 0.73 per cent is better than the category average of 0.66 per cent, as on November 20, 2001.