VR Logo

Alliance pays dividend in two debt funds.

Alliance G-Sec Fund, an open-ended medium-term Gilt Fund has paid a dividend of 2.5% (Rs 2.5 per unit) in its short-term plan. The record date for the same was June 15, 2001.

Launched in October 1999, the fund with its conservative stance throughout has sought to earn a since launch return of 10.38% through investments in central and state government securities.

A weekly dividend of Rs 1.48 per unit has been paid in the Alliance Cash Manager (ACM) for the week ended June 13, 2001.