Alliance Equity, an open-end equity fund from Alliance Capital Mutual Fund has declared a dividend of 5 per cent on the face value of Rs 10, in its Dividend Plan. Investors on record as on October 21, 2002 are eligible to receive this dividend. The NAV of the dividend plan on October 21, 2002 was Rs.14.07.
This is the second dividend pay out from the fund in this calendar. Earlier, it had declared a dividend of 10 per cent in March 2002.
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