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Changes under Reliance Floating Rate Fund


Reliance Mutual Fund has approved the following changes under Reliance Floating Rate Fund, effective May 24, 2010.

Following are the changes:

Particulars  Existing  Revised
Scheme name Reliance Floating Rate Fund Reliance Floating Rate Fund – Short Term.
Scheme type Open ended Liquid Scheme Open ended Income Scheme.
Load: Nil. 0.25% if redeemed within 3 months from the date of allotment.
Plans Growth and Dividend  Growth and Dividend
Growth Plan Growth option Growth option
Dividend Plan  
a.Dividend Pay-out  Monthly Dividend Payout Weekly Dividend Payout
  Monthly Dividend Payout
  Quarterly Dividend Payout
b.Dividend reinvestmnet  Daily Dividend Re-investment  Daily Dividend Re-investment
 Weekly Dividend Re-investment  Weekly Dividend Re-investment
 Monthly Dividend Re-investment  Monthly Dividend Re-investment
  Quarterly Dividend Re-investment
Minimum amount Rs.25,000 Rs.5,000