Fund News

Reliance Floating Rate Fund: Change in Asset Allocation Pattern

Reliance MF has notified the following changes in the asset allocation pattern 

under Reliance Flo

Reliance MF has notified the following changes in the asset allocation pattern under Reliance Floating Rate Fund with effect from April 04, 2009:

Revised asset allocation pattern:
Money market instruments and floating rate debt instruments: 25% - 100%
Fixed rate debt instruments: 0% - 75%

Existing asset allocation pattern:
Fixed rate debt securities: 0 - 40%
Floating rate debt securities: 60% - 100%

Since the change is fundamental in nature, the existing unit holders are given an option to redeem their units between March 04, 2009 and April 03, 2009 (both days inclusive) without any exit load. New investments made will not be covered under this option.



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