Widely read:
Reliance Mutual Fund has introduced the online transaction facility under Reliance Infrastructure, Reliance Natural Resources, Reliance Long Term Equity and Reliance Money Manager.
Online transaction facility is available on official website of Reliance Mutual Fund. Its website is an “official point of acceptance” for subscription, redemption, switches and other facilities, with effect from February 22, 2010.
Revision in SIP Facility under Reliance MF
Reliance Mutual Fund has revised the SIP facility under all schemes of Reliance Mutual Fund, with effect from February 22, 2010.
Revised SIP:
There is an option of choosing 1 or more than 1 SIP in the same scheme and in the same month.
SIP Debit date shall be 2nd, 10th, 18th and 28th.The first SIP cheque could be of any Business Day but subsequent cheques should be dated 2nd, 10th, 18th and 28th and minimum gap of atleast 21 Business Days between the 1st SIP and the 2nd SIP. If the cheque is dated for non-Business Day, then units shall be allotted on the next Business Day.
Existing SIP:
From 2nd, 10th, 18th and 28th investors have to choose one day for SIP of per-month or quarter.
The first SIP cheque could be of any Business Day but subsequent cheques should be dated 2nd, 10th, 18th and 28th and minimum gap of atleast 21 Business Days between the 1st SIP and the 2nd SIP. If the cheque is dated for non-Business Day, then units shall be allotted on the next Business Day.
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