Reliance Growth Fund declares 75 per cent dividend

Mumbai, Mar 9 (UNI) Reliance Mutual Fund today declared a dividend of 75 per cent, Rs 7.5 per unit on the face value of Rs 10, in its open-ended equity diversified scheme, Reliance Growth Fund.

All investors registered in the Dividend Plan of the scheme as on March 12, 2007, will receive this dividend, an official release here said.

The last dividend declared by the scheme was 25 per cent in October 2006. Over the last one year, Reliance Growth Fund has yielded 16.7 per cent as compared to 23.4 per cent given by its benchmark BSE-100 as on March 08, 2007, the releae added.

UNI