- News>
- Finance & Markets
Alliance MF announces 10% dividend for frontline equity fund
Mumbai, Sept 02: Alliance Mutual Fund has announced 10 per cent payout under its dividend plan of alliance frontline equity fund.
Mumbai, Sept 02: Alliance Mutual Fund has announced 10 per cent payout under its dividend plan of alliance frontline equity fund.
Unit holders whose names appear on record on August 29, 2003, would be eligible for dividend of Rs one per unit (of Rs 10 each), an Alliance MF release said here today.
The net asset value of the scheme as on August 29, 2003 stood at Rs 14.45 per unit, it said.
Alliance frontline equity fund, an open-ended scheme, focuses on long-term growth through a target allocation of 100 per cent in equity while tracking sectoral weights of BSE-200, the chosen benchmark index, it added. Bureau Report
The net asset value of the scheme as on August 29, 2003 stood at Rs 14.45 per unit, it said.
Alliance frontline equity fund, an open-ended scheme, focuses on long-term growth through a target allocation of 100 per cent in equity while tracking sectoral weights of BSE-200, the chosen benchmark index, it added. Bureau Report