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Dividend under Reliance Growth and Reliance Quant Plus


Reliance Mutual Fund has approved the declaration of dividend under the dividend option of Reliance Growth Fund (Retail and Institutional Plan) and Reliance Quant Plus Fund (Retail Plan).The quantum of declaration will be Rs 4 per unit for Reliance Growth Fund (Retail and Institutional Plan) and Rs 2.50 per unit for Reliance Quant Plus Fund (Retail Plan). The record date is March 24, 2011.

Reliance Growth Fund (Retail) launched in October 1995 has been classified as Equity Mid & Small Cap Fund. It has been rated as a 3-star fund as on February 28, 2011. The fund is ranked 4 out of 32 funds based on the trailing 5-year performance as on March 18, 2011. This is the 21st dividend declared by the fund since its launch. Prior to this, it had declared a dividend of Rs 2.5 per unit in March, 2010.

Reliance Quant Plus (Retail) launched in April 2008 has been classified as Equity Large Cap Fund. The fund is ranked 5 out of 47 based on trailing 2-year performance as on March 18, 2011. This is the 1st dividend declared by the fund since its launch.