Reliance Mutual Fund has announced dividend under the following schemes:
| Scheme | Dividend (₹/unit) |
| Reliance Yearly Interval Series II-D | 0.00007223 |
| Reliance Yearly Interval Series II Direct-D | 0.00007223 |
The record date has been fixed as February 22, 2016.
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Zero tax for foreigners, a tax on inflation for Indians
SEBI wants foreign investors freed from capital gains tax. The Indian saver who stayed while they sold still pays it on gains that are partly just inflation.
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Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.
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