Reliance Banking Fund announces Dividend

October 30th, 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

Entry Filed under: Mutual Funds, Reliance MF, Dividend Announcements

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