Reliance Mutual Fund has declared dividend under dividend payout option of Reliance Fixed Horizon Fund (FHF) - XX - Series 2 on the face value of Rs 10 per unit.

The quantum of dividend will be entire distributable surplus available in the scheme as on the record date. The record date for the dividend payout has been fixed as December 13, 2011. The scheme recorded NAV of Rs 10.4243 per unit as on December 5, 2011.

The primary investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income / debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.