Reliance Capital Mutual Fund has announced a dividend at the rate of 0.100% (Rs 0.010 per unit) in the weekly dividend option of the Treasury Plan of the Reliance Liquid fund. The record date for the dividend distribution was 30 May 2003.

Reliance Liquid Fund is an open-ended income scheme launched in March 1998. The minimum investment is Rs 25,000. It does not carry entry and exit loads. It aims to generate optimal returns consistent with moderate risk and high liquidity and invests only in debt and money market instruments.

Reliance Mutual Fund is sponsored by Reliance Capital. It was set up in June 1995. It is a fully Indian owned private sector mutual fund.

Source: Capitalmarket.com