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Alliance MF pays dividend

CHENNAI: Alliance Short Term Fund, an open-ended debt scheme from Alliance Capital Mutual Fund (ACMF), has declared gross dividend of Re. 0.035 per unit or 0.35 per cent for its Regular Dividend Plan on the face value of Rs.10. The dividend is for the period ended September 29, 2004, and is payable after deducting distribution tax and other levies, says a company release.

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