Tuesday, October 27, 2009

Dividend declared in Reliance Growth Fund and UTI Mastershare

Reliance Growth fund which can be counted amongst few of the the most succesful fund of all time over 10 year period and the flagship product from Reliance fund family declares dividend of 50%.
Record date : 30th Oct 2009.

UTI Mastershare one which can be counted as "lambi race ka ghoda" has declared dividend once again for 23rd time in its 23 years history. The record date is 30th Oct 2009. Dividend is 27% or Rs 2.70 per unit.

Both of the above fund can be part of ones portfolio for long term capital accumulation. Reliance growth is more aggressive and UTI Mastershare is more stable and consistent performer for so many years.

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