 Religare Banking Fund declares maiden dividendPublished on Mon, Jun 29, 2009 at 12:46 | Source : Moneycontrol.com Updated at Mon, Jun 29, 2009 at 12:55 Like this story, share it with millions of investors on M3
Religare Mutual Fund has declared a maiden dividend of 7.5% (Re 0.75 on the face value of Rs.10/- per unit) in - Religare Banking Fund (Retail Plan). The record date for dividend is July 3, 2009. (Check out - Recent MF Dividends) All unitholders under the dividend option of Religare Banking Fund (Retail Plan) as on the record date will be eligible to receive the dividend. The NAV as on June 26, 2009 under the dividend plan of Religare Banking Fund (Retail Plan) was Rs 12.48. Religare Banking Fund, is an open ended banking sector scheme. The investment objective of the schem is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services. For more Mutual Fund News click here
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