A dividend of 100% is announced in the Reliance FHF Annual Plan I - Series III and Reliance FHF Annual Plan II - Series I. The record date for this will be taken as December 2, 2007. Both Retail as well as Institutional Investors will be receiving the dividend.
Add commentNovember 27th, 2007
Reliance Banking Fund, a sectoral fund that pre dominently invests in equity stocks from the Financial sector has announced a dividend of Rs. 2 per unit. The scheme’s earlier dividends are as follows:
21-Feb-2007 2.00
30-Mar-2006 5.00
29-Dec-2005 4.00
28-Mar-2005 3.00
25-Nov-2003 1.00
The asset size of the scheme is Rs. 280 crores as of Sep 28, 2007.
The NAV of the scheme is Rs.26.40
Top scripts in its portfolio are SBI, ICICI Bank, Andhra Bank, Punjab National Bank and JM Financial
Add commentOctober 30th, 2007
Investors in the Dividend plan of Reliance Tax Saver (ELSS) scheme would get a dividend of Rs. 1 per unit. The record book date is November 2, 2007. It may be recalled, the scheme announced a dividend of Rs. 1 earlier on February 21, 2007.
The NAV of the scheme is Rs. 17.34 as of October 29, 2007. The Asset Size of the scheme is Rs. 2,087.88 crores as of September 28, 2007.
Top sectoral holdings of the scheme are Basic/Engineering, Automobile, Technology, Construction and Financial Services
Add commentOctober 30th, 2007
Starting July 2, 2007, investors in the Reliance Tax Saver, an ELSS open ended equity linked savings scheme will not carry the personal death insurance cover, as per an amendment released by Reliance Mutual Fund.
The scheme’s objective is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. The scheme invests 80-100% in Equity and Equity-related securities and the remaining upto 20% in Debt and Money Market Instruments. The scheme opened in September 2005.
A maiden dividend of Rs. 1 per unit in this scheme is announced on February 21, 2007.
Reliance Tax Saver has given a 1-year return of 46.10% with an expense ratio of 1.93% (as of June 30, 2007) and is one amongst the top tax savings mutual funds.
Add commentJuly 3rd, 2007
Reliance Mutual Fund, one of the top notch mutual fund in India has finally decided to put in exit loads to four of its popular equity funds. The funds are Reliance Growth Fund, Reliance Vision Fund, Reliance Equity Fund and Reliance Equity Opportunities Fund.
There will be an exit load of 1% for resumptions made within 6 months and 0.05% if redemptions are made between 6 months to 1 year where investment amount is below than Rs. 5 crores.
Add commentMay 21st, 2007
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Apr | ||||||
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |