Fund News

Alliance Cash Manager Fund Pays Weekly Dividend

Alliance Cash Manager, a short-term debt fund has paid a weekly dividend of 0.125 per cent (Rs.1.25 per unit on the face value of Rs 1,000). The record date for the same was January 23, 2002. The fund's one-month return of 0.64 per cent is higher than the category average of 0.62 per cent, as on January 23, 2002.

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