Alliance Capital Mutual Fund has announced the record date as September 30, 2003, for the declaration of dividend under the Dividend Plan of Alliance Equity. All purchases made before 3:30 p.m. on September 30, 2003 will be eligible to receive dividends. The Net Asset Value as at the end of the next business day will reflect the effect of dividend payout.
Earlier during the year, the fund had given a dividend of 5 per cent in March 2003. This will be the ninth dividend from the fund in the series of half-yearly payouts, since launch.
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